What are the three specific types of displacement? Briefly describe each.
What will be an ideal response?
ANSWER: 1.Political displacement—Caused by factors ranging from an entire political regime that rejects free enterprise (international government) to government regulations and policies that limit or redirect certain industries.
2.Cultural displacement—Deals with social groups precluded from professional fields. Ethnic background, religion, race, and sex are examples of factors that figure in the minority experience.
3.Economic displacement—Concerned with the economic variations of recession and depression. Job loss, capital shrinkage, or simply "bad times" can create foundation for entrepreneurial pursuits.
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Laszlo’s organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows him to go to any doctor or provider. His group health insurance is a ______.
A. fee-for-service plan B. health maintenance organization C. preferred provider organization D. health savings account service
Tahoe Ski Company uses the perpetual inventory system and the gross method of accounting for purchases. The company had the following transactions during January:January 6:Purchased $4,000 of inventory. The seller's credit terms are 2/10, n/30.January 8:Returned $200 worth of defective units and received full credit.January 15:Paid the amount due, less the returned items.Prepare journal entries to record each of the preceding transactions.
What will be an ideal response?
Who needs disability insurance?
A) Anyone who relies on income from a job B) Only people who are married C) Only people who have dependents D) Only people who have no investment income
A personnel manual: A) can constitute a contract in an employment-at-will relationship
B) can disclaim any promises made therein. C) is never a contract. D) None of the above