What does esteemed Professor of HR, Edward E. Lawler III, argue about loyalty contracts?
a. Loyalty contracts are one of the most critical ways of retaining talent
b. Loyalty contracts should be replaced with value propositions
c. Loyalty contracts are a thing of the future
d. Loyalty contracts are a good way to identify poor-performing staff
b. Loyalty contracts should be replaced with value propositions
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Joy and Kris enter into a contract for Kris to lay sod in Joy's yard for which she agrees to pay Kris. When Kris's schedule conflicts, she contacts Leza, to whom Kris "assigns all rights under the contract." Kris is
A. absolved of any liability under the contract. B. in breach of the contract with Joy. C. liable to Joy if Leza does not perform. D. liable to Leza for inducing a prohibited contract.
Your boss has instructed you to change the packaging on your firm's products so that they have a common major design element and similar packaging. Based on this directive, you should implement __________ for all the firm's products.
A. consistent packaging B. family packaging C. homogeneous packaging D. common packaging E. product line packaging
TUFF SHED, Inc. is one of the leading suppliers of installed storage buildings and garages in the United States. TUFF SHED mandates that sales, management and construction teams work together to anticipate and eliminate potential problems. They make sure customers get the right buildings for their needs, and they all are built well and in a timely manner.By using teamwork TUFF SHED:
A. operates successfully using a production orientation B. provides its customer with a high level of satisfaction C. has a high employee turnover rate D. does not deliver superior customer service E. has a sales orientation
List the two primary determinants of price. What other factors can affect price setting?
What will be an ideal response?