Noncompete agreements are when one firm agrees not to compete with another firm by hiring away its employees

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Frocks and Gowns, Incorporated, has two divisions, Day Wear and Night Wear. The Day Wear Division has an investment base of $750,000 and produces and sells 100,000 units of Collars at a market price of $10.00 per unit. Variable costs for the Collars total $3.50 per unit and fixed charges are $4.00 per unit (based on a capacity of 120,000 units). The Night Wear Division wants to purchase 25,000 units of Collars from the Day Wear Division. However, the Night Wear Division is only willing to pay $6.75 per unit.What is the contribution margin for the Day Wear Division if it transfers 25,000 units to the Night Wear Division at $6.75 per unit?

A. $650,000. B. $698,750. C. $675,000. D. $250,000.

Business

Stiglitz, in his criticisms of the International Monetary Fund, identifies two contributing factors to organizational hegemony. What are they?

a. Power and Politics b. Hegemony and Polyphony c. Governance and Representation d. Ronald Regan and Margaret Thatcher

Business

Employee age is _________to job performance than individual skill.

a. More important b. Less important c. More obvious d. Less obvious

Business

Which of the following is the MOST accurate statement concerning the use of primary and secondary research methods?

a. Secondary research helps to establish a starting point for primary research. b. A researcher typically chooses between secondary and primary research as the appropriate alternative for obtaining information for the particular problem. c. Primary research refers to the predominant research method selected for a study, with secondary research available as an option, if needed. d. Secondary research includes observation, experimentation, and normative surveys.

Business