activities. In this chapter, you will learn about these two important management activities. ... To implement organizational change, managers must work to overcome that resistance ... Second, Kane's salespeople were.
Answer:
The question is incomplete, the options are missing. The options are the following:
a) Suggest to Patrice that spreading negative information learned from eavesdropping is not healthy for the workplace.
b) Thank Patrice for speaking up and forward the item to a neutral third party for handling.
c) Immediately fire the team members who made the comments.
d) Contact the team member who was the subject of the comments to see if he or she was offended.
e) Thank Patrice for her input, but based on the harmlessness of the situation, take no further action.
And the correct answer is the option B: Thank Patrice for speaking up and forward the item to a neutral third party for handling.
Explanation:
To begin with, these kind of situations are most common than expected in the workplace so that is why that nowadays exist a lot of seminars about certain subjects that involves the behavior in the organization and furthermore there is the regular action of the Human Resources Department that takes cares of all the penalties and the solutions when it comes to subjects regarding the employees of the business and their relationship both with each other and with the company. So the correct way to act in this scenario would be to thank Patrice and tell her that the manager would inform to the Human Resources Department about it, being this last one a third party in the situation itself.
Answer:
The income effect and substitution effect work in opposite directions and income effect is dominant.
Explanation:
In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.
The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.
In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.
A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.
