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Sumathy Kumar is a manager tasked with building common norms and values at a new social networking start-up, Spirit. As a brand-new company, Spirit does not yet have a clear-cut organizational culture. The company founder has chosen Sumathy for this task because of her outgoing and positive personality. Which of the following represents the most effective way Sumathy can progress toward encouraging shared norms and values at Spirit?
Normal Goods
Goods for which demand increases as the income of the consumer increases.
Current Consumption
The portion of income or wealth that is spent on goods and services in the present, as opposed to saving for future expenditure.
Future Consumption
The saving or postponing of consumption today in order to consume in the future, often considered in economic theories of savings and investment.
Real Rate
The interest rate adjusted for inflation, reflecting the real purchasing power of interest earnings.
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