Explain how worker's compensation in the U.S. works
Firms contribute to a fund that is used to pay benefits to employees accidentally injured in the workplace. Instead of suing, an employee's legal task is simplified; employees need only file a claim indicating that they were hurt in the course of employment. The employee need not prove the company was negligent, and the company cannot raise any of the traditional defenses to negligence to defeat the claim. If workers' compensation covers an injury, the employees cannot chose to bring a negligence suit.
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The feedback orientation that involves a desire for betterment through one’s broad effort to seek and receive feedback, both positive and negative, is called ______.
a. avoidant b. performance prove c. learning d. motivated
All of the following management roles fall under the decisional role category, EXCEPT ______.
a. leader b. resource allocator c. negotiator d. entrepreneur
When assets and income from operations that a firm has decided to discontinue (and dispose of or abandon), separating the two income components allows users to form better predictions of
a. past earnings. b. current earnings. c. future earnings. d. all of the above e. none of the above
What are the three key functions of a firm and what is each responsible for?
What will be an ideal response?