Explain the terms concentration and underutilization.

What will be an ideal response?


Underutilization refers to the practice of having fewer minorities or females in a particular job category than would reasonably be expected when compared to their presence in the relevant labor market. Concentration refers to the practice of having more minorities or women in a job category than would reasonably be expected when compared to their presence in the relevant labor market.

Business

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Lars was the director of a corporation that operated as a travel agency. The industry was subject to government regulations and the maintenance of trust funds on behalf of travelers who paid for their tickets

Lars left the operation of the corporation to the officers and never informed himself of the obligations which the corporation had within the travel industry. Consequently, it came as a surprise to him when the corporation's licence to operate as a travel agency was suspended for non-compliance with government regulations. The corporation had to shut down its business, and faced severe penalties from the government for non-compliance. Which of the following is TRUE? A) The shareholders could successfully sue Lars in tort for breaching his duty to exercise the skill of a reasonable person. B) The shareholders could successfully sue Lars for breach of his fiduciary duty to act honestly and in good faith. C) The shareholders' only remedy is to have Lars removed as a director of the corporation. D) The shareholders have no remedy against Lars, only against the officers of the corporation who did not comply with the government regulations E) Both A and B

Business

Myriad Inc., a well-established and reputed multinational enterprise (MNE), is headquartered in a highly developed economy. It wants to start its operations in New Denistan, considered one of the less-developed nations in the world. How will this strategic move most likely affect Myriad Inc.?

A. It will be able to easily sell products for which demand varies by income. B. It will benefit from economic arbitrage. C. Myriad will use its competitive advantage from economies of standardization. D. Myriad will replicate its existing business model easily.

Business

Advantages of leasing a vehicle include all of the following except

A) no substantial down payment. B) don't have to worry about resale of the car when you are finished with it. C) less hassle than purchasing a vehicle. D) no maintenance costs.

Business

At the heart of the network layer is the ________

A) Transportation Protocol (TP) B) Internet Protocol (IP) C) wireless connection D) flow control

Business