Answer:
A) meritocratic.
Explanation:
Meritocratic: It is defined as a social system where people´s status and success depend on their talent, skills, and contribution to society rather than wealth or social position. It gives priority to merit in society and promotes equality in society. The opposite of meritocratic is nepotism, which creates a gap in a society and provides an opportunity to only a privileged one. Meritocracy term was first time used by Michael Young.
In the given case, Jim get a job, where executive director tell him that if he works hard and earns favorable reviews, he could work his way up to a position of greater responsibility and income. Therefore, such system is referred as Meritocratic.
Credit card commercials do not show <u>2. People making </u><u>payments</u> for months or years on those credit card purchases.
<h3>What are credit card commercials?</h3>
Credit card commercials are the adverts placed on various media by credit card companies to entice individuals to sign on a credit card.
The commercials will show the great life of getting a credit card and making purchases convenient, including other enticements.
Thus, credit card commercials do not show <u>Option 2.</u>
Learn more about credit cards at brainly.com/question/2808739
Answer:
Arbitrage
Explanation:
Arbitrage refers to exploiting price differences on identical or similar goods, services, assets or factors in different markets.
This ultimately implies that, arbitrage allows an individual to profit from the price difference between similar goods, commodity, securities or currency in different markets.
Basically, an individual might decide to almost simultaneously purchase a financial instrument such as a commodity, securities or currency and sell it in a different form or market.
For example, if a stock is trading at £80 on the London Stock Exchange (LSE) while it is trading for £81 on the Nigeria Stock Exchange (NSE) at the same time. John buy the stock on the LSE and sells the same shares immediately on the NSE and earns a profit of £1 per share. Thus, this is simply an arbitrage.
In conclusion, an arbitrage is a type of trade that is caused as a result of market inefficiency.
Answer:
Extinction
Explanation:
A manager has the capability to influence and change the behavior of employees by the process of extinction. Inorder to encourage the type of behavior you would like to see in your organization rewards are awarded and for prevention of undesirable behaviors punishment is given out.
To put a stop to a learned behavior from taking place in the workplace extinction is carried out.
During a busy period, a manager may decide to give out some positive reinforcement in the form of overtime pay which is aimed at encouraging employees to work extra hours and come in during the weekends.
When a manager applies extinction, then the process is referred to as ope-rant condition.
