If employers covered by the ________ do not notify the employees (and their union, if applicable) of layoffs, they may have to offer back pay and fringe benefits and pay penalties as well.

A. Employee Free Choice Act
B. Fair Labor Standards Act
C. Davis-Bacon Act
D. Workers' Adjustment Retraining and Notification Act
E. Right-to-Work Act


Answer: D

Business

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A work cell is an autonomous production line that can perform only one required operation efficiently at a time

Indicate whether the statement is true or false

Business

Which of the following is not true?

a. Firms issue common stock for assets other than cash, for example, to acquire another firm. b. Firms generally issue common shares, both at the time of initial incorporation and in subsequent years, for amounts greater than par (or stated) value. c. The firm records the shares exchanged for noncash assets at the fair value of the shares given or, if the firm cannot make a reasonable estimate, at the fair value of the assets received. d. Firms may issue capital stock (preferred or common) for cash or for noncash assets. e. Firms generally issue preferred shares, both at the time of initial incorporation and in subsequent years, for amounts greater than par (or stated) value.

Business

Which of the following is not one of the five styles of conflict management?

a. Accommodating b. Assertiveness c. Avoiding d. Collaborating e. Competing

Business

Quality Computer Company agrees to sell one hundred hard drives to Retail Electronics, Inc. The hard drives, which Retail Electronics expressly requires to have certain amounts of memory, are to be shipped "F.O.B. Retail Electronics distribution center in Memphis, TN." When the drives arrive, Retail Electronics rejects them and informs Quality Computer, claiming that the drives do not conform to Retail Electronics' memory requirement. A few hours later, the drives are destroyed in a fire at Retail Electronics' distribution center. Will Quality Computer succeed in a suit against Retail Electronics for the cost of the goods?

What will be an ideal response?

Business