A ____ involves the set of expectations about the exchanges that occur between employees and employers.
A) knowledge worker
B) cost-benefit analysis
C) human relations movement
D) downsizing
E) psychological contract

Question

Quizplus · Accepted Answer

A psychological contract defines the exchange relationship and expectations between employees and employers. It may include expectations about job security, compensation, work conditions, and opportunities for career advancement. The concept of psychological contract is recognized as an essential element in managing the employment relationship.

A ____ Involves the Set of Expectations About the Exchanges