A country's political system does not usually affect human resource management.
Answer the following statement true (T) or false (F)
False
A country's political-legal system-its government, laws, and regulations-strongly impinges on human resource management. The country's laws often dictate the requirements for certain HRM practices, such as training, compensation, hiring, firing, and layoffs.
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A store using an everyday low-pricing (EDLP) strategy does which of the following?
A) relies on its pricing strategy to create its competitive advantage and engages in a price war if necessary to maintain the advantage B) has weekly sales C) sets prices between the list price the manufacturer suggests and the deeply discounted price stores that compete on price alone offer D) positions itself as an anchor store in a shopping center E) eliminates customer service in order to maintain low prices
The treaty that founded the EEC is the Treaty of Maastricht
Indicate whether the statement is true or false
) Assume personal tax rates are lower than corporate tax rates. From a tax-paying shareholder point of view, how should a firm spend its excess cash once it has funded all positive net present value projects?
A) Repurchase shares B) Acquire another firm C) Purchase financial assets D) Increase cash dividends E) Increase executive compensation
On January 1, Year 2, Chavez Company had beginning balances as follows: Assets=$12,500 Liabilities=$4,500 Common Stock=$3,000 During Year 2, Chavez paid dividends to its stockholders of $2,000. Given that ending retained earnings was $6,000, what was Chavez's net income for the Year 2?
A. $2,000 B. $7,000 C. $3,000 D. $5,000