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A result of a model with sticky nominal wages is:
Equity Principles
Guidelines that ensure fairness and justice in the treatment and representation of individuals and groups within organizations and societies.
Theories of Organizational Behaviour
A field of study that investigates the impact that individuals, groups, and structure have on behavior within organizations, aiming to apply such knowledge towards improving an organization's effectiveness.
Cultural Missteps
Actions or behaviors that are inappropriate or offensive within a cultural context, often due to a lack of understanding or awareness of that culture.
Tight Cultures
Societies or groups characterized by strict norms, rules, and a little tolerance for deviant behavior.
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