The purpose of payroll legislation is to:
A) Increase the complexity involved in compensating employees.
B) Protect the rights of employees by legislating workplace equity.
C) Generate increased tax revenue for governmental entities.
D) Promote governmental involvement in business activities.
B) Protect the rights of employees by legislating workplace equity.
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It is alleged that markets fail, in some situations, to insure a fair price and thereby limit consumers' freedom. Which statement does not support that allegation?
A. Monopolistic pricing limits the variety of products available to consumers. B. The more uniformity of prices one finds within an industry, the less likely it is that competition exists. C. From the utilitarian perspective, consumers are always benefited by low prices and balancing the benefits to buyers from low prices with the benefits to sellers of high prices is the only ethical pricing issue. D. Sellers extract extraordinarily high prices in situations where consumers have few options for obtaining a needed product.
Knight's Catering Service receives a May 19th invoice for $150 with terms of 3/10 net 30. If Knight's pays the invoice on May 28th, how much is due?
A. $147.00 B. $150.00 C. $120.00 D. $145.50 E. $153.00
The marketing approach that differentiates an organization's products through quality, performance, and features is known as the
A) product concept. B) production concept. C) selling concept. D) marketing concept. E) interaction concept.
From an organizational perspective, creativity:
a. is needed under situations of uncertainty. b. is necessary to encourage innovation and change. c. is fostered without organizational support. d. involves little risk.