Which of the following statements is true regarding a psychological contract?

Question

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A psychological contract is based on the perceived obligations and expectations that each party has toward the other. While it is not legally binding, the belief that one should follow through with their promises creates a sense of commitment and obligation. A is incorrect because structural strategies refer to organizational structures, processes, and policies used to manage employees, whereas psychological contracts refer to the beliefs and expectations that employees hold toward their employer. B is incorrect because psychological contracts are not legally binding. D is incorrect because escalated commitments are agreements that are made in response to an unfulfilled obligation, whereas psychological contracts are proactive, and based on perceived obligations and expectations.

Which of the Following Statements Is True Regarding a Psychological