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Evan, a Manager at a Department Store, Believes Most of His

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Evan, a manager at a department store, believes most of his subordinates dislike work and would avoid it if possible. He also believes that his employees have little, if any, ambition, and that the only way to motivate them is by using threats and punishment. Evan's views are consistent with ________ management.


Definitions:

Net Exports

This term refers to the value of a country's total exports minus its total imports. It can indicate whether a country is a net exporter or net importer.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Sticky-Price Theory

The economic theory that prices of goods do not adjust immediately to changing economic conditions, leading to periods of economic inefficiency.

Menu Costs

The costs of changing prices.

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