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Questions and Answers
(1071 solutions)

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ECN 211: Macroeconomic Principles (2024 Fall C)

Principles of Accounting II

Business Law

Introduction to Statistics

Strategic and Enterprenural Thinking

Question Mode

Multiple Choice Question

In order to determine if Home Depot has a competitive advantage, we must compare Home Depot's performance to Blank.

Multiple choice question.

the performance of other firms in its industry

a firm in the technology industry

only non–US-based firms

its past financial performance

In order to determine if Home Depot has a competitive advantage, we must compare Home Depot's performance to Blank______.Multiple choice question.the performance of other firms in its industrycorrecta firm in the technology industryonly non–US-based firmsits past financial performanceReason:&nb...

Posted by Cleveland on October 22, 2024

Question Mode

Multiple Choice Question

Effective guiding policy is supported by and stays consistent through the use of Blank.

Multiple choice question.

trade-offs

strategic commitments

social responsibilities

grandiose statements

Effective guiding policy is supported by and stays consistent through the use of Blank______.Multiple choice question.trade-offsstrategic commitmentscorrectsocial responsibilitiesgrandiose statementsCorrect AnswerQuestionstrategic commitmentsNeed help? Review these concept resources....

Posted by Cleveland on October 22, 2024

What is strategy?

Multiple choice question.

a decision based on internal situational analysis

a decision based on external situational analysis

the set of actions a firm takes to achieve a competitive advantage

a sustainable and dominant market share

Your Answer correctWhat is strategy?Multiple choice question.a decision based on internal situational analysisa decision based on external situational analysisthe set of actions a firm takes to achieve a competitive advantagecorrecta sustainable and dominant market shareReason: Recall that...

Posted by Cleveland on October 22, 2024

What is the field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation?

Multiple choice question.

strategic management

human resources management

management of stakeholder impact

management of foundational behavior

Your Answer correctWhat is the field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation?Multiple choice question.strategic managementcorrecthuman resources managementmanagement of stakeholder impactmanagement of foundational beha...

Posted by Cleveland on October 22, 2024

You are an accounting student at a university and also a talented guitar player. During summer vacation, you are hired full time to do bookkeeping for a computer store. You work during normal business hours at the computer store. Your work there is supervised by the office manager, and you are paid an hourly wage. On Saturday nights, you play guitar at a pub. You bring your own instrument and you decide what music to play. You are paid a set price for this gig.

A question arises at both the store and the pub as to whether you are an employee or an independent contractor. This question is important because employers have certain obligations to employees that do not apply to independent contractors. For example, employers are liable for the wrongful acts of employees but generally not for the acts of independent contractors. Likewise, employers must withhold payroll taxes for employees but not for independent contractors.

Are you an employee or an independent contractor at the store and at the pub?

You are an employee of both the computer store and the pub.

You are an employee of the computer store and an independent contractor of the pub.

You are an independent contractor of the computer store and an employee of the pub.

You are an independent contractor of both the computer store and the pub.

You are an employee of the computer store and an independent contractor of the pub....

Posted by Cleveland on October 7, 2024

Mateo is sixteen years old and just got his first job bagging groceries at Harry’s Market, a local grocery store. During the school year, Mateo works limited hours after school and on the weekends. Now that school is out, Harry’s Market increases Mateo’s hours to six days a week and eight hours a day. Mateo’s mother Isabel is concerned about Mateo working such long hours. She knows there is a federal law, the Fair Labor Standards Act (FLSA), that protects children from working long hours and too many days per week. When Isabel raises the issue with Mateo’s supervisor, Mateo’s supervisor explains to Isabel that:

under the FLSA, children under eighteen must work less than forty hours per week.

under the FLSA, children under eighteen must work less than thirty-five hours per week.

under the FLSA, children under eighteen must work less than thirty hours per week.

under the FLSA, children who are sixteen or seventeen years old may work unlimited hours as long as they work in nonhazardous jobs.

under the FLSA, children who are sixteen or seventeen years old may work unlimited hours as long as they work in nonhazardous jobs....

Posted by Cleveland on October 7, 2024

Rosemary’s son Dave is a United States Marine. Dave was recently injured in a covert operation in the Middle East and now needs round-the-clock care. Rosemary works at the Silver Spoon Café, which has 63 employees. Rosemary advises her supervisor that she needs to take time off to care for Dave. Rosemary quickly uses up all her accrued leave time, so she applies for time off under the Family and Medical Leave Act (FMLA). Under the FMLA, Rosemary may take unpaid time off to care for her injured son for up to:

twenty-six weeks.

twelve weeks.

fifteen weeks.

ten weeks.

twenty-six weeks....

Posted by Cleveland on October 7, 2024

Onida is an employee at Kale’s Manufacturing Company. The company makes bicycle tires, and Onida’s job is to inspect the inner tubes before they are inserted into the tires. She recently noticed that the inner tubes are thinner than the safety specifications require. Onida tells her supervisor, Tom, about the problem, and is instructed to ignore it because these thinner tubes save the company money. Onida cannot ignore this problem in good conscience, so she tells Tom that if he is not going to report the problem, she will. Tom then fires Onida. Kale’s Manufacturing Company is in an employment-at-will state. If Onida brings a lawsuit for wrongful termination, she will likely:

be unsuccessful because she refused to follow her supervisor’s directions.

be successful because she was fired for an unlawful reason.

be unsuccessful because employment at will means that an employee can be fired at any time for any reason.

be successful because employment at will means that a company must have a valid reason for terminating an employee.

be successful because she was fired for an unlawful reason....

Posted by Cleveland on October 7, 2024

Gerald has been a sales representative for Goldsmith’s Department Store for the past five years. When Gerald was hired, the general manager told Gerald that he would have a job there as long as he made $3,000 in sales each month. Every month, Gerald has exceeded that level in sales, so he is surprised when his supervisor calls him into the office and fires him. Gerald tells the supervisor about the promise from the general manager not to fire him as long as his sales were $3,000 each month. The supervisor responds by telling Gerald that the law in this state is employment at will, so he can fire him at any time for any reason. If Gerald sues Goldsmith’s for wrongful termination, he will likely:

be successful because the general manager orally promised him that he would remain in his job as long as his sales stayed at a specific level, and he has maintained that level.

not be successful because employment at will means that an employee can be fired at any time for any reason.

be successful because employment at will does not mean that an employee can be fired at any time for any reason.

not be successful because the promise from the general manager was not in writing.

be successful because the general manager orally promised him that he would remain in his job as long as his sales stayed at a specific level, and he has maintained that level....

Posted by Cleveland on October 7, 2024

Benjamin works for The Cabinet Maker, a large manufacturing plant that makes ready-to-hang cabinets for the kitchen and bath. Benjamin is running a table saw that cuts wood into strips to make a cabinet. As Benjamin loads wood onto the conveyer belt, he slips on the concrete floor and falls into the table saw. Benjamin’s face and arms are severely injured by the table saw, and he is rushed to the hospital. Benjamin’s injuries are so severe that he is admitted to the hospital for four days. The Cabinet Maker must file a report of Benjamin’s work-related injury with the Occupational Safety and Health Administration (OSHA) within:

twenty-four hours.

one week.

forty-eight hours.

eight hours.

twenty-four hours....

Posted by Cleveland on October 7, 2024

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Questions and Answers (1071 solutions)

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Multiple Choice Question

Questions and Answers
(1071 solutions)