Prior to the Industrial Revolution, the primary English law of employment was that, in the absence of a contract, a worker was hired for a year at a time
a. True
b. False
Indicate whether the statement is true or false
True
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Consider Figure 5.3. At the free-trade price of $0.60 per pound, Sweden's consumer surplus totals ____ and producer surplus totals ____.
a. $10.80, $2.40 b. $14.60, $3.90 c. $24.20, $1.80 d. $32.40, $2.30
A company's "climate for action" is a corporate culture ________.
A) that encourages communication, change, and growth B) that is focused on strong, top-down command and control C) that is aimed exclusively at period earnings D) that discourages physical activity, sports, and recreation to improve employee health and morale
If insured goods are shipped FOB destination, the seller should file a claim for goods damaged in transit
Indicate whether the statement is true or false
Which of the following is a potential disadvantage of division of labor?
A. Slower response to environmental changes B. Organizational flexibility C. Decreased potential for conflict, both constructive and destructive D. Greater isolation of employees E. All of these are potential disadvantages of division of labor.