Explain how each of the seven determinants of job satisfaction (individual personality, the work itself, compensation, growth and upward mobility, coworkers, management, and communication) help to create the type of environment where employees experience job satisfaction.

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.