Author Question: A number of venture capitalists know that they want to invest in Phoodle, a new tech startup ... (Read 46 times)

Awilson837 · **on:** Jun 22, 2018

A number of venture capitalists know that they want to invest in Phoodle, a new tech startup company. Up until now, the VCs had never met as a group, but they each knew they could invest up to 1 million of their own money.

They finally get everyone together to discuss the matter and, by the end of the all-day meeting, each member has agreed to invest up to 3 million. This is an example of ________. a) the equity rule
b) transactional justice
c) group polarization
d) bargaining

Question 2

Dr. Roland, a professor of chemistry, bestows an end-of-the-year award to the student he deems to have gone above and beyond throughout the semester. Dr.

Roland does not release his rubric for how he assesses this, nor does he tell the students his requirements. At the end of the year, Dr. Roland bestows the award to Carla, his niece, even though she was absent for many classes and completed the work late. The other students are furious and want to know how Dr. Roland made his evaluation and selection. They are concerned with ________ justice. a) distributive
b) procedural
c) reward
d) perceived