What impact do broken psychological contracts have?
What will be an ideal response?
When psychological contracts are violated, people respond emotionally with moral outrage, shock, indignation, betrayal, resentment, and anger. Violated contracts also result in decreased employee satisfaction, performance, commitment, discretionary behavior to help the organization, and intentions to remain with the organization.
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Given the following financial statements for ARGON Corporation, and assuming that ARGON
paid a common dividend of $80,000 in 2010, what is the company's financing cash flow for 2010? Income Statement Balance Sheet Year Ended 12/31/10 12/31/2010 12/31/2 Sales $1,300,000 Current Assets $50,000 $45 Cost of Goods Sold 750,000 Gross Fixed Assets 880,000 650 Operating Expenses 200,000 Less Accumulated Depreciation 450,000 350 Depreciation Expense 100,000 Fixed Assets 430,000 350 EBIT 250,000 Total Assets $480,000 $395 Interest Expense 50,000 EBT 200,000 Current Liabilities $35,000 $50 Taxes 80,000 Long-term Debt 330,000 270 Net Income $120,000 Common Stock 5,000 5 Retained Earnings 110,000 70 Total Liabilities & Equity $480,000 $395 A) -$15,000 B) -$65,000 C) -$10,000 D) -$70,000
Members of an effective work group are likely to believe that they
a. have the authority to solve problems without first obtaining approval from higher management. b. do not have to follow established work processes and procedures. c. can work independently of each other. d. are not dependent upon each other for earning rewards.