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ACME Insurance Company Has Discovered That Many of Their Employees

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ACME Insurance Company has discovered that many of their employees are feeling angry over a sense of betrayal.Employees believe that their psychological contract with the company has been breached.Management is not sure what all the fuss is about or even what a psychological contract is.You have been hired to help them understand what a psychological contract is, what it means to breach a psychological contract, and the reasons why psychological contract breach occurs.What will you tell them?

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A psychological contract refers to belie...

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