Review the three situational or contingency theories described in the chapter. Do you think they can be applied effectively in today’s business environment? Explain.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline