"_____ contracts" are based on a narrow set of specific monetary obligations.
A)Normative
B)Relational
C)Transactional
D)Psychological
E)Progression

Question

Quizplus · Accepted Answer

Transactional contracts are based on a narrowly defined set of specific monetary obligations. These contracts are usually short-term and transactional in nature, emphasizing the exchange of goods or services for a predetermined price. In contrast, relational contracts focus on long-term relationships and emphasize cooperation, trust, and mutually beneficial outcomes. Normative and psychological contracts refer to social norms and expectations within a relationship or an individual's beliefs and values about the organization, respectively, while progression contracts involve career advancement and development opportunities.

"_____ Contracts" Are Based on a Narrow Set of Specific