Discuss how relationships based on the economic exchange play an important role in employee-authority relationships.
What will be an ideal response?
Employee-authority relationships in organizations can take on many forms. Employees who do not trust their authorities have economic exchange relationships that are based on narrowly defined, quid pro quo obligations that are specified in advance and have an explicit repayment schedule. Economic exchanges are impersonal and resemble contractual agreements, such that employees agree to fulfill the duties in their job description in exchange for financial compensation.
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Reliability answers the important question of
A. intelligence in employees. B. how many errors something can achieve while still being considered useful. C. how you are measuring correlation coefficients. D. whether you are measuring something that matters. E. whether you are measuring something accurately.
Informal contracts are usually based on their sub-stance rather than their form
Indicate whether the statement is true or false
Frank's base pay rate is $15.50 per hour, with overtime pay of time-and-a-half, and double-time for holidays. Calculate her gross pay if she worked 6.5 holiday hours in addition to 38.5 hours Monday through Saturday. (Round your answer to the nearest cent)
A) $643.75 B) $359.50 C) $823.50 D) $798.25
Which of the following was a popular way in the 1990's of developing radically new business processes in an effort to reduce waste and increase performance?
a. Business process reengineering b. Benchmarking c. Process integration d. Vertical integration