Final answer:
The objectives of the promotion system are to promote employee motivation and satisfaction, not directly cost reduction, profit maximization, or market expansion. Promotions can also impact job content and thereby overall satisfaction.
Step-by-step explanation:
The objectives of the promotion system primarily involve Employee motivation and job satisfaction. Promotions are typically used as a tool by organizations to reward employees for their hard work and dedication, and to motivate them to continue performing at high levels. It's not solely about cost reduction and profit maximization, or market expansion and customer loyalty, and neither solely about innovation and product development. Although indirectly, a well-structured promotion system might contribute to these aspects by improving overall employee performance and driving business success.In the context of U.S. foreign policy, the goals are different, focusing on keeping the country safe, securing access to foreign markets, and protecting human rights. Similarly, in Industrial-Organizational (I-O) psychology, the goal is to measure job satisfaction, which might also link back to promotion strategies as a component of organizational psychology.
The incorrect statement about probability is that it is always expressed as a percentage; it can also be expressed as a decimal or fraction.The statement that is not true about probability is 'C) Probability is always expressed as a percentage.' This is false because while probability can be expressed as a percentage, it is more commonly given as a fraction or a decimal between 0 and 1. Options 'A)', 'B)', and 'D)' correctly define that probability values range from 0 to 1, the sum of probabilities for all possible outcomes must equal 1, and that the probabilities of independent events multiply togetherStatement C is not true about probability. Probability is not always expressed as a percentage. It is a number between0 and 1, inclusive, that represents the likelihood of an event occurring.The correct statement about probability is that probability values range from 0 to 1 (Statement A). The sum of all possible outcomes' probabilities is always 1 (Statement B). Independent events have probabilities that multiply together (Statement D).