Strategic Management
4th Edition
ISBN: 9781259927621
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Question
Chapter 1, Problem 2MS
Summary Introduction
Case summary:
The case deals with the importance of values of an individual. It is saying that individuals will pay for their job. Management consulting or investment banking are jobs with the highest pay. However, the employees would have no vacation time and no leisure time. They even sacrifice their health for the work. Scientists who are engaged in research activities would sacrifice around $14,000 annually to allow them to publish the works.
To determine: How much less salary that Person X would accept when he found employment with a company that associated with the personal values of Person X.
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