Soon after becoming the new manager of operations at the Cooper Motors, a local car dealership, Finn discovers that employees ar
e coming in late to work, taking long breaks, and behaving unprofessionally while on the job. After considering the situation, he introduces a new set of guidelines, along with contingencies of reinforcement. Those who show up on time, do not exceed their allotted break schedules, and show themselves behaving professionally at all times while on duty during the next month will enjoy a steak dinner, courtesy of management. Those who fail to meet the requirements, on the other hand, will be invited to stay late for three nights in a row and attend an unpaid training session. The contingencies Finn is planning to implement-the steak dinner on the one hand and the unpaid training sessions on the other-are, respectively,A) punishment and extinction.B) negative reinforcement and extinction.C) positive reinforcement and punishment.D) punishment and negative reinforcement.E) positive reinforcement and negative reinforcement.
Positive and negative reinforcements are two types theories followed in organizations. Positive reinforcement is appreciating or rewarding the employees for their good behavior and achievements while negative reinforcement involves removing an undesirable policy to instigate good behavior in employees. Punishment , on the other hand is an outcome of not behaving as per the norms.
In the current situation, providing steak dinner for employees behaving professionally is a positive reinforcement as it will motivate employees behave well in the organization.
Unpaid training for employees to fail to meet the requirement is a type of punishment as this is not desired by the employees.
The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature
A sunk cost is a cost that an individual, firm or the government has already incurred and therefore can't be recovered anymore.
For example, marketing campaign expenses, rent or the money that is spent on purchasing new equipment can all be referred to as sunk costs as they are past cost and can't be recovered again.