Which of the following concepts is based on the perception that promises have been made in exchange for certain employee obligations such as giving of their energy, time, and technical skills?

A. Work facilitation
B. Autonomy
C. Psychological contract
D. Open-book policy


Answer: C

Business

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Clear and accurate communication sometimes involves using metaphors during negotiation, which are defined as talking about one thing in terms of another. 

Answer the following statement true (T) or false (F)

Business

Which of the following is a means of securing documents in the other party's possession that are relevant to the issues of the case?

a. interrogatory b. request for admission c. subpoena d. production request

Business

V3 was a successful singing group that contracted to perform at the "Metalsubstance" rock concert. V3 was aware that the promoter would sustain a substantial loss if the group failed to perform. The members of the group were stricken with a virus that confined them to their beds. The promoter sued for breach of contract. What is the probable result?

A) V3 is liable for damages for breach of contract. B) The contract was discharged by impossibility of performance. C) In order to avoid liability for breach of contract, V3 must arrange for another group of comparable quality and reputation to perform on the scheduled date. D) V3 will be deemed to have substantially performed the contract.

Business

Several different manufacturers of personal computers (PCs) have joined to create and sponsor ads that promote both the computer and the microprocessor by sharing the cost of advertising. The PC manufacturers are using

A. event sponsorships. B. inbound marketing. C. vertical integrated marketing. D. cooperative advertising. E. comparative advertising.

Business