A firm that uses flexible work hours from the workforce to manage capacity to better meet demand is using a seasonal workforce
Indicate whether the statement is true or false.
Answer: FALSE
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Ricardo's model of comparative advantage assumed all of the following EXCEPT
a. trade is balanced, thus ruling out flows of money between nations. b. firms make production decisions in an attempt to maximize profits. c. free trade occurs between nations. d. labor is immobile within a country, but is incapable of moving between countries.
Answer the following statements true (T) or false (F)
The income statement for Nighty Night, Inc. is divided into two product lines, blankets and pillows, as follows:
Nighty Night, Inc. should eliminate the pillows product line only, if by doing so, they can eliminate more than $70,000 of fixed costs.
Alexander’s organization offers flexible benefits. The plan has five packages from which Alexander can choose. His organization is offering a ______ flexible benefits plan.
A. modular B. core-plus C. full-choice D. defined benefit
Rebecca, who judges right and wrong based on her internalized principles, is in the ________ stage of moral development.
A) Unconventional B) Preconventional C) Conventional D) Postconventional