Answer the following statement(s) true (T) or false (F)
1. Recent research found that people working in a low-trust environment tend to take more risks, such as initiating new ideas or admitting mistakes, display citizenship behaviors like going the “extra mile” on a work task or project, and exhibit fewer ineffectual or counterproductive behaviors like absenteeism or social loafing.
2. Disposition-based trust occurs when people put their faith in others based on feelings and emotions.
3. A mediator is a neutral third party who attempts to assist parties in a negotiation to find a resolution or come to an agreement using rational arguments and persuasion and has no right to impose his or her views on the parties.
4. As stated in the textbook, Major League Baseball teams and players often engage in arbitration to determine a player’s salary.
5. As stated in the textbook, Major League Baseball teams and players often engage in arbitration to determine a player’s salary.
1. FALSE
2. FALSE
3. TRUE
4. TRUE
5. TRUE
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The economic benefits of standard creation in an industry includecompatibility, clarity to the consumer, reduction of production costs and lowered risks for companies supplying complementary products.
Answer the following statement true (T) or false (F)
Silver Line Electronics Inc. uses technology to produce laptops and other gadgets in bulk based on each individual client's specific needs and requirements. This is an example of _____
a. standardization b. reverse engineering c. benchmarking d. mass customization
The Fed is responsible for ____________________ checks and providing various services to the U.S. Treasury.
Fill in the blank(s) with the appropriate word(s).
Identify five exceptions to the general rule that illegal contracts are unenforceable