Question: a. What is the difference between transactional and psychological contracts? b. In relation to legal considerations in employment contracts, with two (2) points each, show

a. What is the difference between transactional and psychological contracts?
b. In relation to legal considerations in employment contracts, with two (2) points each, show the conditions under which a person will agree to the following terms:
i. no additional compensation ii. termination

Question 3
a. Explain the term ‘harmonious relationship’ in an organization?
b. Harmonious relationship affects all stakeholders of an organization. With two (2) points each, explain the benefits of harmonious relationships to the following people:
i. Employee

ii. Supplier

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