Steve Said to His Manager, "Tristan, I Need to Tell

question 63

Multiple Choice

Steve said to his manager, "Tristan, I need to tell you that I have received an unsolicited offer from a competitor. I've enjoyed my eight years at Southern Enterprises, and I'd like to stay. But the offered salary is 20 percent higher than my current salary. The other firm cited what I have learned this past year on the public works job as a particularly valuable skill." Steve is a highly valued employee, and Tristan has been grooming him as his successor. If Tristan were to consider market rates as an important indicator of worth in responding to Steve, Tristan would most likely

• A)transfer Steve to a division in another city where the competitor does not have an office.
• B)explain to Steve that internal resource considerations establish Steve's salary.
• C)seek to retain Steve by increasing his salary by at least 20 percent.
• D)contact the competitor and inform them that Steve is "off limits."
• E)terminate Steve's employment for insubordination and lack of loyalty.

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Definitions:

Artisan's Lien

A legal claim granted to craftsmen or laborers on property they have worked on or materials they have supplied, to ensure payment for their services.

Property

Assets or possessions owned by an individual or entity, encompassing both tangible and intangible goods.

Mechanic's Lien

A legal claim against a property by a contractor or worker, for unpaid labor or materials provided for the property's improvement.

Real Property

Land and anything permanently attached to it, such as buildings and structures, including rights associated with the land.