Strategic Management 4e
4th Edition
ISBN: 9781260779646
Author: Frank T. Rothaermel
Publisher: Mc graw hill
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Chapter 1, Problem 3MS
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 Person X is willing to “pay for pay” if he got his dream job in management consulting or investment banking.
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