Relational Contracts

question 49

Multiple Choice

Relational contracts:

• A)Tend to be less voluminous and legalistic
• B)Rely on mutual trust between the parties
• C)Both a and b
• D)Only work in Japanese business culture

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Definitions:

Training

The process of teaching or acquiring skills, knowledge, or competencies as a result of the teaching of vocational or practical skills and knowledge.

Superordinate Goals

Objectives shared among individuals or groups that necessitate cooperation, often used to resolve conflicts.

Self-managed Teams

Teams in which members together assume the roles of planning, executing, and evaluating their own work.

Shared Mental Models

Knowledge structures held by members of a team that enable them to form accurate explanations and expectations for the task, and, in turn, coordinate their actions and strategies.