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Research confirms that the use of _______________,especially ingratiation and rational persuasion,are positively related to performance ratings and success as measured by promotions and salary level.
Adverse Selection
A situation where sellers have information that buyers do not, or vice versa, often resulting in a market failure.
Market Signals
Indicators or signs derived from market behavior that provide information or data regarding the demand or supply conditions, influencing decisions.
Adverse Selection
A situation in which one party in a transaction has more or better information compared to another, leading to an imbalance and potentially poor decision-making, often discussed in insurance markets.
Asymmetric Information
A situation in which one party in a transaction has more or superior information compared to another, often leading to an unfair advantage.
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