How did companies use the differences between employer-employee relationships and employer-independent contractor relationships to reduce costs in the competitive business environment of the 1990s?
What will be an ideal response?
A common strategy in the highly competitive business environment of the 1990s was to "downsize" by cutting back on the number of employees in a corporation through early retirement plans and layoffs and then to "restructure" by rehiring these people as "consultants" (independent contractors) to accomplish the same work they did as employees. This is essentially a cost-cutting measure. The "consultants" draw a per diem or lump sum instead of a salary for the job they are hired to perform, and the company saves on health care, unemployment compensation, and Social Security benefits. In turn, the independent contractors are free to work for others besides their old employer, perhaps while receiving a pension from the employer.
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Inventory of finished goods on hand at the beginning of the quarter is 4,000 units. The company desires to maintain ending inventory equal to beginning inventory plus 1,000 units every month. Calculate the quantity to be produced during the quarter.
Stratosphere, Inc. has the following budgeted sales for the next quarter.
Which of the following is defined by employees paying attention to whether the organization values their contributions and cares about their well-being?
A. perceived organizational support B. employee engagement C. job involvement D. organizational commitment
Using the information in Table J.1 and the EDD rule, what is the average early time?
A) 0 days B) greater than 0 but less than 1.5 days C) greater than 2.5 but less than 2.5 days D) greater than 2.5 days
The KELP program at Tyco:
a. Was not abused; accounting issues were unrelated. b. Was poorly supervised and administered. c. Violated federal law at the time. d. Was embezzlement.