Examlex
Crest Toothpaste offers new whitening toothpaste one year,a new gel swirl design the next year,and an improved cleaning formula the year after.Crest Toothpaste does this because it is
A) a monopoly trying to decrease its costs.
B) a perfectly competitive firm trying to increase its price.
C) a monopolistically competitive firm trying to maintain its economic profit.
D) driving its competitors out of business.
E) a perfectly competitive firm trying to increase its costs so it can increase its price.
Training
The process of enhancing the skills, knowledge, and competencies of employees to perform specific jobs.
Equity Theory
An individual’s perception of fair and equitable treatment.
Expectancy Theory
The process people use to evaluate the likelihood that their efforts will yield the results they want, along with the degree to which they want those results.
Fair Treatment
The practice of treating all individuals equally, without bias or discrimination, in various contexts.
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