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SCENARIO 7-3
Your supervisor often makes you feel uncomfortable by offering you special perks even though you have previously told him that you do not want them.However,each time he makes such offers,your supervisor insists that you accept his generosity.You have been with the company for eight years,the longest of all the employees.Your supervisor has been with the company only seven months.The other day your supervisor told you that in exchange for your ideas and contributions in the last regional meeting,you could have an extra two days off next month.You have told him that you are reluctant to take the two days off,as all the other employees will find out about the special perk and may not want to work with you after that,which will be even more uncomfortable.As usual,your supervisor insists that you accept his offer.
-Referring to SCENARIO 7-3,studies show that this situation is probably more about ________ than about work efficiency.
Indifference Curve
A graph showing different bundles of goods between which a consumer is indifferent, highlighting preferences.
Consumption Bundle
A set of goods or services that an individual or household consumes within a specific period.
Price of Spice
The specific cost associated with purchasing spice, which could vary based on market factors, quality, and availability.
Price of Whips
The cost at which whips are sold in the market, which can be influenced by factors like material costs and demand.
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