There are at least four methods for reducing the number of employees when sales demand is really down. Name each and define the term.
What will be an ideal response?
Reduction of employees may take four forms: (1) lay off--a dismissal from the workforce until employees might be needed again; (2) attrition--a normal, standard reduction in the workforce that occurs when employees leave; (3) early retirement--employees close to retirement may be encouraged to take early retirement with full benefits; and (4) fired--dismissing employees for job performance or some other negative situation.
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Decision trees and decision tables can both solve problems requiring a single decision, but decision tables are the preferred method when a sequence of decisions is involved
Indicate whether the statement is true or false
An increase in the discount rate of a project will lead to a decrease in the NPV of the project.?
Answer the following statement true (T) or false (F)
If you are an importer of goods and you will make payment for the purchase of inventory on
90-day terms, which of the below is the correct term for the exchange rate that you will use? A) forward rate B) indirect rate C) direct rate D) spot rate
Hadley Homes, a building contractor and Wesley have a contract, which calls for Hadley to build a 4-bedroom house with the completion of it by June 15. If the house is not completed by that date, the contract calls for Hadley to pay $100 per day in damages. The $100 per day is:
A) punitive damages. B) nominal damages. C) liquidated damages. D) an illegal penalty.