Emmett has always wanted a sports car. He has finally graduated from college and is working at his first job. He realizes to make his dream come true, he needs to save up for a down payment and then work out how he will pay the monthly loan amount. Using goal setting theory, give the direct and indirect effects of Emmett’s scenario?
What will be an ideal response?
*Direct effects motivate and energize us, helping to achieve objectives
*Indirect effects encourage us to use cognitive skills, such as planning and strategizing to attain goals
*Direct effect of buying the sports car is owning it
*Indirect effect would be how he will work out paying the monthly loan payment
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Technologies such as interactive cable systems, Internet-ready smart TVs, and smartphones and tablets allow consumers to use their TV remotes, phones, or other devices to obtain more information or make purchases directly from TV ads
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The human capital theory assumes that people are paid at the value of their reservation wage.
Answer the following statement true (T) or false (F)
The closing process helps in measuring each period's net income separately from all other periods
Indicate whether the statement is true or false