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Firlakuza [10]
3 years ago
8

Danny has just started a new job. His coworkers tell him that their manager is very unselfish and always keeps his promises. In

addition, he is the leading expert in the company on product and development. As a result of this information, Danny is likely to develop cognition-based trust in his managers.
A. True
B. False
Business
1 answer:
Nataly [62]3 years ago
3 0

Answer:

The correct answer is True.

Explanation:

Cognition means having a high level of perception, in order to interpret real behavior and find the best way to address it. This tactic can be useful to Danny if he wants to know if indeed his manager acts in the way that everything believes, which can be wrong. Using this type of strategy allows not only to have a lasting relationship, but to positively impact the perception of others about such an important person in the organizational structure, who must be a friend of all and be ready to collaborate in cases that is required.

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The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.

Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.

Therefore, the right answer is Opportunity cost.

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