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Everett is an accountant for a major accounting firm.One day at work,he is discussing his collection of rare coins with one of his co-workers.Everett tells his co-worker that he keeps his collection at home and that he has recently purchased several Chinese gold Panda coins at an exceptional price.The co-worker expresses an interest in buying two of the coins at a price of $250,and a contract is duly formed.If no place for delivery is expressed,where are the coins to be delivered?
Social Norms
Shared, unwritten rules that prescribe how people should behave in specific situations to be accepted by a group.
Autocratic Model
A management style characterized by individual control over all decisions and little input from group members.
Organizational Goals
Objectives set by a business or organization which guide its actions and decision-making processes.
Theory Z
A management philosophy which integrates Japanese and American business practices, emphasizing employee participation, job security, and company loyalty.
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