1.1. Early on, Dr. Vasella was able to identify that the company’s turnover rate is more than acceptable. It was becoming a problem for them to make people stay. He noted that it is not enough for the company to pay good money to their employees. They also must be able to solicit their commitment and drive for excellence at the same time. 1.2. One of the factors affecting this high turnover rate was the inability of the company to recognize talent for promotions within. By the time they do so, these potential senior executives were already on ...
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PART A- Questions related to ‘The Mystery of the Invisible Hand’
Jevons Marshall is a fictitious pen name used by the true author(s) of the book. Who really wrote the book? What makes ‘Jevons Marshall’ a clever choice for the pen name in this case? Answer. The pseudonym Jevons Marshall is used by two renowned professors of economics who are William Breit and Kenneth G. Elzinga. The pen name is derived from the surnames of two famous economists named Alfred Marshall and William Jevons. The pen name made from the names of these two economists is deliberately used for writing mystery novels based on economics as where the former ( ...
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