A _____ is a decision maker who would choose a guaranteed payoff over a lottery with a better expected payoff
a. risk taker
b. risk-neutral
c. risk avoider
d. risk-creator
C
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A production worker believes that her supervisor is intentionally assigning her to work on machinery for which she does not have the proper training. She is worried about her safety and wonders if the supervisor is intentionally harassing her. The worker is represented by a union, so she starts the grievance process specified in the labor agreement. Assuming this is a typical grievance procedure, in which step, if any, will the employee likely act alone?
A. None; the union handles all steps of the grievance procedure without involving the employee. B. The first step; the employee can speak with her supervisor on her own before involving the union. C. The step in which a written grievance is submitted; this must be written and delivered by the employee only. D. The final step; the employee and the supervisor would meet together with the union-appointed arbitrator. E. The step of deciding to appeal an unresolved grievance; it is up to the employee to choose arbitration or no appeal.
Plant assets used in conjunction with a natural resource typically are depreciated
A) using income tax depreciation. B) using an accelerated depreciation method. C) on the same basis as depletion is computed. D) on a straight-line basis.
The modern workplace is being rede?ned by
A) Technology. B) Shifts in workforce demographics. C) Globalization. D) All of the above.
What steps can be taken to develop benchmarks?
What will be an ideal response?