Opportunistic Behavior May Occur When

question 45

Multiple Choice

Opportunistic behavior may occur when

• A)a firm buys its inputs from multiple suppliers.
• B)firms incur significant transaction costs when negotiating contracts.
• C)a firm backwards vertically integrates.
• D)a firm can buy a key component from only one supplier.

Identify the relationship between training, including essential skills training, and organizational performance.

Be aware of the popular types of training content and training programs within Canadian organizations.

Understand the different outcomes of job dissatisfaction and their commonalities.

Comprehend the role of rewards in sustaining high performance levels among employees.

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Definitions:

Heredity Factor

The genetic influence on traits and characteristics that individuals inherit from their parents.

Leadership Abilities

The set of skills, attributes, and capabilities that enable an individual to effectively guide and influence others.

Energy Firm

A company engaged in the production and supply of energy, often including electricity, gas, and other fuel sources.

Emergent Property

A property that arises from the collective interaction of a system's components, not predictable by the properties of the individual parts.