What Is the Difference Between a Compensatory and Noncompensatory Model

question 37

Short Answer

What is the difference between a compensatory and noncompensatory model?

Understand methods through which organizations can achieve a competitive advantage.

Recognize the impact of technology on organizational strategy and operations.

Understand the role of observable culture and core values in influencing organizational behavior.

Appreciate the role of leaders in fostering an organizational culture that supports performance and adaptability.

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Definitions:

Wrongful Rejection

The unjust or incorrect refusal to accept or acknowledge something as valid or appropriate.

Reasonable Market Value

An estimate of the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell.

Gateway 2000

Initially a direct sales personal computer manufacturer that became notable during the 1990s for its direct sales model and cow-spotted shipping boxes.

Arbitration

A type of alternative dispute resolution in which disputes are submitted for resolution to private nonofficial persons selected in a manner provided by law or the agreement of the parties.