Opportunistic Behavior on the Part of the Employer Is Possible

question 52

Multiple Choice

Opportunistic behavior on the part of the employer is possible because:

• A)contracts are often incomplete and leave room for implicit understandings between the two parties.
• B)employees often reduce their effort level if they are important to the company.
• C)it is difficult to monitor all employees and their performances.
• D)good quality work can be easily measured.

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Definitions:

Cross-selling

The strategy of selling additional products or services to an existing customer based on their previous purchases.

Downselling

A sales strategy where a seller offers a more affordable or lesser alternative to a product the customer initially showed interest in.

Upselling

A sales technique where a seller induces the customer to purchase more expensive items or add-ons for an upgrade.

Managing Data

The process of acquiring, validating, storing, protecting, and processing required data to ensure the accessibility, reliability, and timeliness of the data for its users.