Consistency Involves Closing Three Gaps

question 14

Multiple Choice

Consistency involves closing three gaps. When employees see the brand differently to external stakeholders, what gap is this?

• A) Culture-identity
• B) Culture-image
• C) Identity-image
• D) None of these

Identify the conditions under which firms in a cartel arrangement maximize joint profits.

Understand the basic concepts of Cournot and Bertrand models in oligopoly contexts.

Comprehend the Stackelberg leadership model and its implications on market dynamics.

Calculate equilibria in various oligopolistic market structures, including Cournot and Stackelberg competition.

---

Definitions:

Public Sector Workers

Employees who work for government or governmental agencies, as opposed to the private sector.

Unify

To bring together or combine into a single unit or entity for a common purpose.

Unilateral Changes

Actions taken independently by an employer affecting employment terms or conditions without consultation with or agreement from the union or employees, often considered an unfair labor practice.

Wages

Payment to employees for their labor, typically calculated on an hourly, daily, or piecework basis.