Creating Competition Between Employees Within the Corporation

question 169

Multiple Choice

Creating competition between employees within the corporation

• A) can encourage employees to deceive customers.
• B) should focus on improving corporate profit.
• C) must be ignored when corporate ethics are developed.
• D) can bring out the best in employees.

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Definitions:

Stimulus Reward

A concept in psychology where a stimulus leads to a behavior that is then rewarded, reinforcing the behavior.

Successive Series

A sequence of events, objects, or numbers arranged in a specific order, following one right after the other.

Frequency Marketing

A marketing strategy that rewards customers based on the frequency of their purchases to encourage repeat business.

Conspicuous Consumption

Conspicuous consumption is the acquisition and display of luxury goods or services to signal wealth, status, or social position.