Briefly define risk propensity and explain how it influences negotiator behavior.
What will be an ideal response?
Risk propensity is the extent to which a negotiator is willing to take risks. The orientation of a culture toward risk has a large effect on what is negotiated and the content of the negotiated outcome. Negotiators in risk-oriented cultures will be more willing to move early on a deal and will generally take more chances. Those in risk-avoiding cultures are more likely to seek further information and take a wait-and-see stance.
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Nicole is creating natural work units by putting tasks together to create a more challenging and complex work environment for her employees. Nicole is ______.
A. using vertical loading B. rotating jobs C. encouraging autonomy D. combining tasks
Which of the following is true of Chapter 7 of the United States Bankruptcy Code?
A) The 2005 Act gives debtors better means to obtain a Chapter 7 bankruptcy. B) Under Chapter 7, a debtor is denied the right to a trustee. C) It features a dollar-based means test and a median income test based on a debtor's state of residence. D) The 2005 Act in effect pushed many debtors out of Chapter 7 and into Chapter 15 debt-adjustment bankruptcy.
Sheila wants to make a positive first impression at her upcoming job interview. Which of the following should she do to ensure that she is dressed in a businesslike way?
A. She should be conservative about accessories and not wear gaudy jewelry. B. She should wear jeans and sneakers so that she is comfortable. C. She should wear short sleeves, whether it is winter or summer. D. She should chew gum to avoid bad breath.
Provide a real-world example of a national brand and a private-label brand.
What will be an ideal response?