Asked by Meadow Smith on Jun 06, 2024

verifed

Verified

When an arrangement,such as a legal contract,is made amongst team members to ensure compliance,this is an example of which type of trust?

A) Familiarity
B) Similarity
C) Implicit
D) Incentive-based

Incentive-Based

An approach that motivates behavior or performance through the offering of rewards or incentives aligned with achieving specific goals.

Legal Contract

A legally binding agreement between two or more parties, enforceable by law, stipulating obligations each party must fulfill.

Team Members

Individuals who are part of a group working together towards a common goal, each contributing with their unique skills and perspectives.

  • Master the concept of implicit and incentive-based trust and distinguish the varied sources of trust establishment.
verifed

Verified Answer

AG
Amisha GuptaJun 12, 2024
Final Answer :
D
Explanation :
This is an example of incentive-based trust, where team members trust each other to comply with the arrangement because there are incentives or consequences tied to non-compliance. The legal contract serves as the incentive for compliance. Familiarity and similarity are types of emotional trust, while implicit trust is based on assumptions and expectations rather than explicit agreements.