Answer the following statement(s) true (T) or false (F)
1. In the eyes of neoclassical economists discrimination in the workforce will get resolved on its own due to the forces of the market economy.
2. By law, affirmative action plans may not include quotas.
3. The United States has been using the term 'affirmative action' since shortly after World War II when minority veterans begin returning home.
4. Providing businesses with incentives to recruit employees from designated groups is one of the strategies countries use to promote affirmative action.
5. Trade unions have no part of promoting positive action policies that is strictly a management responsibility.
1. True
2. False
-(if courts find purposeful systemic discrimination in specific areas quotas can be included)
3. False
4. True
5. False
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Ronald, the general manager of Bennett Furniture, believes that each employee must thoroughly understand the goals of the organization. He understands that adhering to the vision and mission of the organization will help increase employee satisfaction and clarity. What strengthens Ronald's belief?
A. Employee performance can be enhanced by keeping costs under control. B. Ronald has too many expectations of his employees. C. The organization's goals constantly change. D. The vision and mission of the organization are ethical. E. Understanding the organization's goals helps employees improve their performance.
A bond selling below par value is selling at:
A. a discount. B. its coupon value. C. a premium. D. its maturity value. E. the highest effective yield.
Inge G. Thulin is chief executive of:
A) Nissan Motor (Japan). B) 3M (USA). C) Ford Motor Company (USA). D) Pharmacia Corporation (USA). E) Atlas Copco AB (Sweden).
Payne Company provided the following information relevant to its inventory sales and purchases for December Year 1 and the first quarter of Year 2: Dec. Year 1Jan. Year 2Feb. Year 2Mar. Year 2 (Actual)(Budgeted)(Budgeted)(Budgeted)Cost of goods sold$80,000 $140,000 $180,000 $120,000 Desired ending inventory levels are 25% of the following month's projected cost of goods sold. The company purchases all inventory on account. January Year 2 budgeted purchases are $150,000. The normal schedule for inventory payments is 60% payment in month of purchase and 40% payment in month following purchase.Budgeted cash payments for inventory in February Year 2 would be:
A. $159,000. B. $132,600. C. $99,000. D. $152,600.