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In Terms of a Psychological Contract,inducements Represent What Employees Will

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In terms of a psychological contract,inducements represent what employees will contribute to an organization.


Definitions:

Transfer Agent

An entity appointed by a corporation to maintain records of investors, account balances, and transactions; to issue and cancel shares; and to handle share transfers.

Financial Institution

An establishment that conducts financial transactions such as investments, loans, and deposits.

Stockholders

Individuals or entities that own shares in a corporation, thus having an ownership stake in the business.

Private Corporation

A corporation owned by a small group of people and its shares are not traded publicly but are held privately.

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