Classifications of employees or independent contractors

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1. Think about the last car you purchased. Which of the following two models explain your behavior: Expectancy-value model or Lexicographic heuristics model. Explain in detail.

(Instead of a car it could be any other “durable” product of your choice).

2. Compare and contrast the classifications of employees or independent contractors. Assess why it is important to classify workers correctly.

3. Think about the differences between transactional exchanges and collaborative exchanges. Make a brief table that identifies some of the advantages and disadvantages of each approach.

Reference no: EM132283172

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