The ____________________ requires employers to pay overtime at one and one-half times the regular rate to any hourly employee who works over 40 hours in a week.

Fill in the blank(s) with the appropriate word(s).


Fair Labor Standards Act

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The Middle East and North Africa are sometimes viewed as a regional entity referred to as:

A) GCC. B) AMU. C) MENA. D) ACC. E) ECOWAS.

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The term demand chain is considered limited because it ________

A) advocates a make-and-sell view of the market that relies on a responsive supply network B) suggests that planning starts with raw materials, productive inputs, and factory capacity C) takes a step-by-step, linear view of purchase-production-consumption activities D) ignores the evolution of the global marketplace E) overlooks the needs of target customers

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Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount of maintenance cost to the Carpentry Department (rounded to the nearest dollar) if administrative costs for the school were $50,000, maintenance fees were $12,000, and utilities were $6,000? DepartmentStudents Classrooms Electrical 120  10,000 sq. ft. Welding 70  12,000 sq. ft. Accounting 50  8,000 sq. ft. Carpentry 40  6,000 sq. ft. Total 280  36,000 sq. ft. 

A. $1,850. B. $12,000. C. $2,000. D. $1,111. E. $1,714.

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Denise has an idea for a freelance technical writing business that would provide text for technical journals and websites. She can write anywhere she can connect to the Internet, which will give her flexibility to participate in her other interests. She would not need an office outside of the home because she could see clients at their place of business or talk to them via Skype or another conferencing modality. She does not want to share control of the business because she feels this would harm her creativity. There are no liabilities and very few start-up costs-she already has a computer with an Internet connection. She would like to start her freelance business tomorrow and has prepared emails to send out to potential clients and a web-site, and secured various social media sites to

promote the business. What would be the best business form for Denise's business? A. Partnership B. Limited-liability company C. Sole proprietorship D. Limited partnership

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