Asked by Alicja Gawlik on Jul 01, 2024
Verified
Jim feels depressed in the months following his layoff.His concept of success is likely founded on the satisfaction of nonfinancial resources,like job title.
Nonfinancial Resources
Contributions to an entity's value that do not involve money, including intellectual property and human capital.
Job Title
The name given to a particular position or role within an organization, indicating the nature of the job and the level of responsibility.
- Fathom the separation between economic rewards and non-economic rewards and how they contribute to feelings of contentment.
- Acknowledge the psychological impact of job loss and the importance of nonfinancial resources in one’s concept of success.
Verified Answer
EC
Emily ChumleyJul 03, 2024
Final Answer :
False
Explanation :
Jim's depression following his layoff suggests his concept of success may be closely tied to his job, which could include financial resources, job title, or the social status and identity associated with employment, rather than solely nonfinancial resources.
Learning Objectives
- Fathom the separation between economic rewards and non-economic rewards and how they contribute to feelings of contentment.
- Acknowledge the psychological impact of job loss and the importance of nonfinancial resources in one’s concept of success.