Question

Vineeta works for a well-respected company headquartered in San Francisco. There is mutual understanding between the company management and Vineeta about her functions and her compensation. Vineeta has a clear idea of her role and responsibilities in the company and the expectations of her superiors. She is also certain of the rewards she will receive from the company in return for her services. This scenario illustrates the concept of _____.

Answer 1

Answer:Psychological contract

Explanation:

Psychological contract is the exchange of expectation and mutual belief that take place between parties that are involved in organization or professional relationship.This contract induces effort and commitment towards work from in  employees, managers, workers etc.

According to the question,scenario is demonstrating psychological contract between Vineeta and management of the company as they are exchanging services and work that Vineeta should perform to gain rewards from the organization. .