Tupperware uses a business model that relies on women running their own businesses as agents of Tupperware. Tupperware successfully exports to China and India. Explain why these countries provide attractive markets for Tupperware
What will be an ideal response?
China and India are developing countries moving to higher standards of living and education levels. These countries have growing middle classes composed of consumers who are not yet wealthy but who are moving toward economic prosperity. They represent a huge future market for consumer goods such as Tupperware. Like most developing countries, China and India likely have a middle class that includes many entrepreneurs interested in running their own businesses. Tupperware's business model fits nicely with this structure.
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Partners can at any time unanimously agree to dissolve a partnership.
Answer the following statement true (T) or false (F)
Compare and contrast person–organization fit and person–job fit.
What will be an ideal response?
Answer the following statements true (T) or false (F)
Fundamentally, a labor union is a group of workers who join together to influence the nature of their employment. The widening gap between the richest and poorest individuals in the U.S. is in part due to the weakened position of labor unions. When an employer uses an employee suggestion box to gather ideas and concerns from its employees, it is primarily addressing the labor relations goal of efficiency. The goals of efficiency, equity, and voice in the workplace rarely conflict with one another. A key role of unions is to negotiate work rules and practices that ensure fair treatment of employees by their managers and employers.
Which of the following is an assumption of economic theories of labour markets?
A. There is a huge advantage for a single employer to pay above the market rate. B. Employers are not always interested in maximizing profits. C. There is a huge advantage for a single employer to pay below the market rate. D. People are homogenous and therefore interchangeable. E. Pay rates reflect only the base wage associated with employment.