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A computer store advertises to sell a particular laptop model at a discounted price.When a customer visits the store to purchase the discounted model, he is informed that it is out of stock.The salesperson then tries to sell him a different model that is priced higher than the model for which he had come.This action of the salesperson is an example of:
Merit Pay
A pay increase given to employees based on their job performance, used as a motivational strategy by employers.
Multicultural Workforce
A diverse team of employees from various cultural backgrounds, enhancing creativity and problem-solving through different perspectives.
Diversity Goals
Targets set by an organization to achieve a more inclusive and representative workforce.
Fortune 500 Companies
An annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.
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