Regarding Workers' Compensation, which of the following statements is correct:
a. generally, workers' compensation is an injured employee's exclusive remedy
b. pursuant to workers' compensation, the employer gives up its right to defend against liability for employee injuries with the Fellow Servant Rule
c. pursuant to workers' compensation, the employer gives up its right to defend against liability for employee injuries with assumption of the risk
d. none of the above is correct
e. all of the above are correct
E
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Which of the following has the least consideration when a retailer is deciding how much floor or shelf space to allocate to merchandise categories and brands?
A. The impact on overall store sales B. The merchandise's inventory turnover C. The display needs for the merchandise D. The color of the merchandise E. The productivity of the allocated space
Emotional labor is different from other forms of impression management with the following reasons EXCEPT ______.
A. control of feelings is done for pay B. emotional laborers interact with outsiders C. this influence raises its own special set of ethical issues D. emotional laborers interact with insiders
While a regional shopping center predominately sells shopping goods, a neighborhood shopping center concentrates on the sale of convenience goods
Indicate whether the statement is true or false
Meega airlines decided to offer direct service from Akron to Clearwater Beach, Florida. Management must decide between full-price service using a company's new fleet of jet aircraft and a discount-service using smaller capacity commuter planes. Management developed estimates of the contribution to profit for each type of service based upon two possible levels of demand for service on Clearwater Beach: high, moderate, and low. The following table shows the estimated quarterly profits (in thousands of dollars):
? Demand for service ServiceHighMediumLowFull Price900760-430Discount710650350? a. If the demand probabilities are 0.3, 0.5, and 0.2, what is the best decision using the expected value approach? b. Construct a risk profile for the optimal decision in part a. What is the probability of the profit exceeding $700,000? ? What will be an ideal response?