What's the difference between a psychological contract and an employment contract?
What will be an ideal response?
Psychological contracts, unlike employment contracts, are usually not written and are often not even explicit. Psychological contracts focus on a dynamic relationship that defines the employee's psychological involvement with their employer. Employment contracts usually specify the hours and type of work to be done in return for compensation and benefits.
Business
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Both relationship commitment and trust are necessary for a strategic alliance to succeed in the long run
Indicate whether the statement is true or false a. True b. False
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Without specific authorization it is a violation for a sales associates except which of the following as a deposit?
A. A post dated check B. Cash C. Specie (coin) D. Valuable consideration
Business