(a)Distinguish between ‘over-investment’ and ‘under-investment’ in the context of unbalanced exchanges between the employer and employee....

(a)Distinguish between ‘over-investment’ and ‘under-investment’ in the context of

unbalanced exchanges between the employer and employee.

(b)Under what circumstances does reneging and incongruence occur?

(c)Should organisations take the psychological contract seriously? Justify your

answer using theory and evidence.

Solutions

Expert Solution

Answer-(a)The exchange can be of the following four types between the employer and employee-

The mutual high obligation psychological contract concern, many promises or high fulfilment of promises on part of both employer and employee.
Few promises and low fulfilment of promises on part of both the employer and employee.
Few promises and limited fulfilment on part of employee and many promises and high fulfilment on part of employer.
Many promises and high fulfilment on part of employee and limited promises and fulfilment on part of employer.

Thus over investment and underinvestment in context of these exchange will be differentiate as

The under-investment e,ployment relationship approach that offers a competitive advantage if the firm pursue the prospector strategy, the domestic privately owned enterprise reported highest firm performance when they use underinvestment approach with their manager in contrast to state owned or foreign owned enterprise and vice versa happens in case of over-invesment

Answer-(b) when the employee feel betrayed on part of the organization for whom they are working for, as it occurs when an organization fails to fulfil its obligation as to what an emplyee has been promised and what it actually receives results in the occurence of reneging and incongruence.

Answer-(c) An organisation should take the psychological contract seriously as it refers to the beliefs about the obligations which an organisation has towards its employee and the violation of any of those obligation on behalf of the organization towards the employee results in the employee's feeling of anger and betrayal that is experience by an employee evidence- (Conway &Briner, 2009)

keosha answered 1 year ago

Next > < Previous

Related Solutions

a) Distinguish between ‘over-investment’ and ‘under-investment’ in the context of unbalanced exchanges between the employer and...

a) Distinguish between ‘over-investment’ and ‘under-investment’ in the context of unbalanced exchanges between the employer and employee. (b) Under what circumstances does reneging and incongruence occur? (c) Should organisations take the psychological contract seriously? Justify your answer using theory and evidence.

True or False: 1. An employee works under the control of an employer, so an employment...

True or False: 1. An employee works under the control of an employer, so an employment contract is not necessary to define the relationship of the employee to the employer. 2. A federal statue provides members of a labor union the right to collective bargaining. 3. The FMLA entitles an eligible employee to 12 weeks of unpaid leave, but an employment contract may provide that the employer will pay the employee during 12 weeks of paid leave. 4. Both the...

Are the limits different between the employee and the employer? For this question, ignore income taxes...

Are the limits different between the employee and the employer? For this question, ignore income taxes themselves and focus on the various types of payroll taxes.

distinguish between active investment management and passive investment management

1. a) Distinguish between “intrinsic risk” and “concentration risk” in the context of banks’ credit risk...

1. a) Distinguish between “intrinsic risk” and “concentration risk” in the context of banks’ credit risk management. Give examples to illustrate their differences. b) The “mortgage introducer” program used by National Australia Bank and many other Australian banks was heavily criticized during the 2018 Banking Royal Commission. Provide insights as to why this initiative in mortgage lending may have adverse consequences for a bank’s credit risk exposure.

1. Distinguish between absolute advantage and comparative advantage within the context of the Ricardian model of...

1. Distinguish between absolute advantage and comparative advantage within the context of the Ricardian model of trade 2. briefly explain how the theory of comparative advantage relates to the need for international business.

9. Use the concepts of gross investment and net investment to distinguish between an economy that...

9. Use the concepts of gross investment and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. Explain. “Though net investment can be positive, negative, or zero, it is impossible for gross investment to be less than zero.”

How do you distinguish between an employee and an agent? What is employment insurance? What is...

How do you distinguish between an employee and an agent? What is employment insurance? What is the purpose of a union? Provide an example of a business that has a union?

Please answer all the questions 1. Why is it important to distinguish between an employee versus...

Please answer all the questions 1. Why is it important to distinguish between an employee versus an independent contractor from a tax perspective? Group of answer choices A. Misclassification is unimportant and there are no penalties. B. It's has no impact - a decision must simply be made. C. The choice must be decided on the first day the person starts to perform services for the employer so that the employee or independent contractor can estimate their tax bill. D....

Define and distinguish between a condition and a warranty. Under what circumstances a breach of condition...

Define and distinguish between a condition and a warranty. Under what circumstances a breach of condition is to be treated as a breach of warranty?

Subjects