Historically, if an organization and employee do not have a specific employment contract, the employer or employee may not require a specific time to end the employment relationship. This is referred to as the _____ doctrine.A. force majeure
B. laissez faire
C. employment-at-will
D. due process
E. implied in fact

Answers

Answer 1

Answer:

Answer:

The correct answer is C) Employment-at-will

Explanation:

Under the employment-at-will doctrine, employers can dismiss an employee for any reason as long as the reason is not illegal (for example, firing someone because of his race or sex, which would be illegal discrimination), and employees can leave the job at anytime at will. Under this doctrine, if you do not want to keep working, you just stop going to your job.

The benefit of this doctrine is that it gives more labor flexibility and avoids the existence of lawsuits. The con of this doctrine is that it reduces labor protections.

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Based on new information gained during an audit of a nonissuer, an auditor determines that it is necessary to modify materiality for the financial statements as a whole. In this circumstance, which of the following statements is accurate? A. The auditor is required to reperform audit procedures already completed on the audit using the revised materiality. B. The auditor should consider disclaiming an opinion due to a scope limitation. C. The revision of materiality at the financial statement level will not affect the planned nature and timing of audit procedures, only the extent of those procedures. D. Materiality levels for particular classes of transactions, account balances, or disclosures might also need to be revised.
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Tonya consumes 40 steaks a year when her yearly income is $40,000. After her income falls to $35,000 a year, she consumes only 35 steaks a year. Calculate her income elasticity of demand for steaks.

Answers

Answer:

Explanation:

Tonya consumes 40 steaks a year when her monthly income was $40,000

After her income drops to $35,000 she consumes 35 steaks

The first step is the calculate the percentage change in the quantity of steaks demanded

= 40-35/40 × 100

= 5/40 ×100

= 0.125 ×100

= 12.5

The percentage change in income can be calculated as follows

= $40,000-$35,000/$40,000 × 100

= $5,000/$40,000 × 100

= 0.125 × 100

= 12.5

Therefore the income elasticity of demand for steaks can be calculated as follows

= 0.125/0.125

= 1

Hence the income elasticity for the demand of steaks is 1

The four systems of management were provided by- a. . Likert
b. . Blake and Mouton
c. . Fred Fiedler
d. . Hersey and Blanchard

Answers

The four systems of management were provided by : Likert

This management styles was Created by Lensis Likert in the 1960s. In the system, he describe the , relationship ,involvement, roles of managers, and roles of employees in industrial setting

PreFab, a clothing company is selling its goods in the country of Irmana. The clothing is manufactured in PreFab's home country and a tax is levied on it by the government of Irmana. This form of business is an example of _______.A) direct foreign investmentB) exporting
C) licensing
D) protectionism

Answers

Answer: Exporting.

Explanation:

PreFab is engaged in exportation of their clothing line from their country where it is produced to Irmana where it is used. Exportation is the process of sending products made in a country to another country where it is consumed. In exportation taxes are paid in the form of duties.

What is the opportunity cost of holding $1 comma 500 in cash if the relevant interest rate is 10 percent?

Answers

Answer: $150

Explanation: Opportunity cost can be defined as the cost of loosing profits by not choosing the second best alternative over the best alternative. Every resource can be used for different alternatives and when an individual chooses one of those many alternatives, the potential loss of gain from the rejected ones is opportunity cost.

In the given case, the individual is holding the money in cash for use but if he had deposited it in a bank he could be eligible for interest. The amount of interest that he looses is his opportunity cost.

Thus, the amount of opportunity cost is $ 150.

What does fair trade mean?

Answers

its trade between companies in developed countries and producers in developing countries where fair prices are paid to the producers so it contributes to sustainable development by offering better trading conditions and securing the rights of producers

In the context of the vertical structure of a firm, the number of subordinates who report directly to an executive or supervisor is known as th

Answers

The answer is SPAN OF CONTROL. It is the number or of subordinates that directly reports to to the executive supervisor, leader or a manager. Span of Control is the term used commonly in business management and is more commonly used in human resource management.

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