An organization offers training programs for its employees at a subsidized rate to help them use a nascent technology that the organization is adopting.The trained employees later bargain for a higher wage from the management as their probability of finding better paying jobs increase because some other companies are also adopting it.This action of the employees is an example of:
A)selfishness.
B)holding up.
C)opportunism.
D)specificity.

Question

Quizplus · Accepted Answer

This action of the employees is an example of opportunism, as they are taking advantage of the subsidized training programs to increase their chances of getting a better paying job elsewhere, and then using this as leverage to negotiate for higher wages within their own organization. This behavior may be seen as selfish by the management, but it is ultimately a rational economic decision made by the employees to maximize their own utility. Holding up and specificity do not accurately describe this scenario.

An Organization Offers Training Programs for Its Employees at a Subsidized