Assume you are in the business of producing and selling t-shirts. If you could produce more t-shirts with the same input, what would happen to your productivity and profits assuming the price of your t-shirts remains the same?
A. Decrease in productivity, decrease in profits.
B. Decrease in productivity, increase in profits.
C. Increase in productivity, decrease in profits.
D. Increase in productivity, increase in profits.
Answer: D
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The business necessity argument ___________________ in a disparate impact case.
A. cannot be used as a legal defense B. can be used as a legal defense C. is the key to winning D. cannot legally be used E. none of the above
In vertical analysis, each item is expressed as a percentage of:
A. Total assets on the balance sheet. B. Total current assets on the balance sheet. C. Total cash on the balance sheet. D. None of these answers is correct.
A model is a simplified representation of a simple entity or phenomenon.
Answer the following statement true (T) or false (F)
Discuss the validity and effect of each of the following:
a. Two manufacturers of the same product decide to allocate territories with one taking the southern states. b. A labor union encourages its members and all consumers to boycott a product manufactured by a company that refuses to honor a union contract. c. Betty's Bargain Department Store sells its products for 10% under the suggested retail price. One manufacturer tells the store it will not supply wholesale goods to it unless it charges at least the suggested retail price.