q explain the leibenstein modelleibenstein 1966, Managerial Economics

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q explain the leibenstein modelleibenstein 1966

Q. Explain the Leibenstein model?

Leibenstein (1966) sees a firm's norms or conventions, dependent on its history of management initiatives, labour relations and other factors, as determining the firm's 'culture' of effort so affecting the firm's productivity and hence size.

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Managerial Economics: q explain the leibenstein modelleibenstein 1966

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