Following are some of the questions that the senior sales manager asked the job candidate. Indicate whether each question is legal or not legal. Interview Question Legal Not Legal
- What groups or organizations do you belong to outside of work? - This job requires that you be able to lift 50-pound boxes of books on a regular basis throughout the day. Would you be able to do that?
- I see from your résumé that you like snowboarding. What other hobbies do you have?
- If you knew a coworker submitted phony expense reports to avoid losing her home, would you tell your boss? Why or why not?
- Did you graduate from college?
- What religion, if any, do you practice?
- If hired, can you provide proof of your legal right to work in the United States? - Are you a citizen of a country outside of the United States? If so, which one?
Answers
What groups or organisations do you belong to outside of work? is an illegal inquiry. Would you inform your supervisor if you knew a coworker submitted false expenditure reports to keep her house?
What constitutes a prohibited interview query?Any interview questions that have no direct connection to your open opportunities are prohibited by employment law. This indicates that it is unlawful to ask questions during an interview about subjects including age, family, gender, marriage, nationality, and religion.
When a question during an interview is forbidden?You always have the choice to end the interview or refuse to answer a question if it is asked an illegal interview question or if the interview questions start to follow an illegal pattern.
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Related Questions
An upper-level is manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. What business strategy does this represent?.
Answers
An upper-level manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. This represents a differentiation business strategy.
What are business strategies?A business strategy lays out the course of action that will be taken to fulfill the organization's vision and goals, as well as how to make decisions that will increase the company's financial stability in a cutthroat market.
In order to differentiate themselves from the products that their rivals may provide in the market, businesses must offer clients something special, distinctive, and different. Increasing competitive advantage is the main goal of putting a differentiation strategy into practice.
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Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are
best suited to a specific marketing campaign?
Communication skills
Interpersonal skills
Decision-making skills
o Organizational skills
Answers
Answer:
Decision-making skills
Explanation:
Decision making involves an objective comparison between alternatives to make a choice that improves an organization. The decision making skill is a trait that portrays proficiency in relating concepts to organizational goals.
Decision-making skills allow managers to make quick and accurate decisions. A marketing manager will correctly identify strategies to make a marketing campaign successful if they have good decision-making skills.
John is buying a home with a $120,000 mortgage using a 6. 5 percent, 15-year loan. If the payment per $1,000 debt under these terms is $8. 7111, how much is the monthly payment?.
Answers
The monthly payment for the mortgage using a 6. 5 percent, 15-year loan is $1,045.33.
How do you determine the monthly payment for the mortgage?To determine the monthly payment for the mortgage, we first need to calculate the total amount of the mortgage in thousands of dollars. We can do this by dividing the mortgage amount by 1000: $120,000 / 1000 = 120.
Then, we can use the payment per $1,000 debt to calculate the monthly payment by multiplying the payment per $1,000 debt by the total amount of the mortgage in thousands of dollars: $8.7111 * 120 = $1,045.33.
Therefore, the monthly payment for the mortgage is $1,045.33.
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show the vegetable market of nepal in pyramid
Answers
Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.
What is market?A market is a collection of systems, institutions, procedures, social relations, or infrastructures through which parties exchange goods and services. While parties can barter for goods and services, most markets rely on sellers offering their goods or services to buyers in exchange for money. The exchange of goods and services that occurs as a result of buyers and sellers coming into contact with one another, either directly or through mediating agents or institutions, is referred to as a market.A market is defined as the total number of buyers and sellers in the area or region under consideration. The area could be the entire planet, a country, a region, a state, or a city.To learn more about market, refer to:
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Select the correct answer from each drop-down menu.
Fabian inherited some money from his family and decided to open a hardware store on his own. He bought the entire inventory on credit from
vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren't any other hardware
stores in the area. However, he couldn't sell most of his stock because there did not seem to be any demand. He knew he wouldn't be able to pay
the creditors from the money the store made. What kind of ownership does Fabian have over his store? What kind of liability is Fabian open to
creditors?
regarding the money owed to his
Fabian has sole partnership
over the store. He has unlimited liability
Reset
with respect to the money owed to his creditors.
Answers
Fabian has sole ownership over the store. He has unlimited liability with respect to the money owed to his creditors.
As the sole owner of the business, Fabian is fully in charge and has the power to make all business-related decisions. He is liable for all business-related matters, including debts and responsibilities, since he is the only owner.
Fabian has unrestricted liability because he is a sole proprietor. As a result, his personal assets, including his cash, home, and possessions, are vulnerable to corporate obligations.
The hardware store is owned entirely by Fabian, who likewise assumes all commercial risks as the sole owner.
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tj industries has revenue of $400,000 and expenses of $250,000. the depreciation cost is $80,000 and marginal tax rate is 35%. calculate cash flow from operation. group of answer choices
Answers
The cash flow from operations for TJ Industries can be calculated as $230,000.
Cash flow from operations is a measure of the cash generated by a company's core operations. It is calculated by subtracting the non-cash expenses, such as depreciation, from the net income and adjusting for changes in working capital.
Given:
Revenue = $400,000
Expenses = $250,000
Depreciation = $80,000
Marginal tax rate = 35%
First, we calculate the earnings before taxes (EBT) by subtracting the expenses and depreciation from the revenue:
EBT = Revenue - Expenses - Depreciation
= $400,000 - $250,000 - $80,000
= $70,000
Next, we calculate the taxes by multiplying the EBT by the marginal tax rate:
Taxes = EBT * Marginal tax rate
= $70,000 * 0.35
= $24,500
Finally, we calculate the cash flow from operations by adding the depreciation to the net income (EBT - taxes):
Cash flow from operations = EBT - Taxes + Depreciation
= $70,000 - $24,500 + $80,000
= $125,500 + $80,000
= $205,500
Therefore, the cash flow from operations for TJ Industries is $205,500.
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In which of the following situations is a good NOT scarce?
A. Consumer give up nothing to obtain more of the good.
B. Consumer can purchase as much of the good as they want at its current market price.
C. Large quantities of the good are available in the marketplace.
D. There is a surplus of the good at some positive price.
E. There is a shortage of the good at some positive price.
Answers
Developing Gen Y Leaders Topic: Serving Up Leaders anchester United Football Club, a professional foot- ball club based in Old Trafford, England, enjoyed I Lgreat success between 1986 and 2013, as evidenced by their 38 domestic and non-domestic trophies. With the trophies came scrutiny. The British and world media were fascinated by the leadership at Manchester United. There were tales of the manager shouting at players in the dressing room with such ferocity that it was referred to as the "hairdryer treatment." One journalist stated from personal experience that this treatment was not reserved just for the players. High expectations were not restricted to the football pitch. When the captain openly criticized his teammates in an interview, his contract was terminated. While these make for good headlines, they do not reveal the whole story. Is it really possible to lead an organization effectively for over a quarter of a century just by having the loudest voice and a fearsome reputation? How did Alex Ferguson, the manager of Manchester United FC for those 26 years lead his team so effectively? When Ferguson joined Manchester United in 1986, he had very definite ideas about how he was going to build his club. Planning for long-term success, he set about changing the very culture of the club—which was no small task. He tackled a damaging drinking culture head-on and encouraged a strong work ethic of being the first into the office and last to leave. To increase the players' feeling of commitment and belonging, he insisted that they should dress as Manchester United, wearing blazers displaying the club badge, when representing the club. These all contributed to his vision. David Gill, the club's former chief executive, has com- pared Alex Ferguson to Steve Jobs. There are some obvious similarities: both men were driven, determined, often terrifying, and ultimately extremely successful leaders in highly competi- tive arenas. However, while Jobs had an unapologetically blunt and aggressive approach, Ferguson would vary his managing style, shouting at some players and taking a different approach with others. This approach could seem arbitrary and inconsis- tent but was actually a conscious choice made by a manager who really knew his players and understood how to get the best out of each one. When it was necessary to instill discipline in players to ensure a positive working relationship, Ferguson would deal with the issue immediately and move on. Ferguson knew the importance of detail. As a manager, knowing the names of your team is obviously essential, but he understood that the organization was bigger than the team, so he learned the names of all the support staff and took time to talk to them. One interviewer commented that by the end of a filming session Ferguson had learned the name of the film crew and was happy to converse with them while sharing a bottle of champagne. In 2014, Ferguson took up a teaching post in executive education with Harvard Business School, and his book Leading was published in 2015.84 Discussion Questions 12-16 What leadership theories do you feel Ferguson's actions support? 12-17 What leadership traits do you see being demonstrated in the case? 12-18 To what degree has emotional intelligence played a part in Alex Ferguson's success? 12-19 What do you see as the possible problems of varying the leadership approach with different players?
Answers
16. The leadership theories that Ferguson's actions support are the transformational leadership theory and the situational leadership theory.
17. The leadership traits demonstrated in the case are determination, vision, adaptability, and emotional intelligence.
18. Emotional intelligence has played a significant part in Alex Ferguson's success.
19. The possible problems of varying the leadership approach with different players are inconsistency and favoritism
16. The transformational leadership theory emphasizes the role of a leader in inspiring and motivating followers to reach their full potential. Ferguson's focus on building a strong work ethic and instilling discipline in players aligns with this theory.
The situational leadership theory emphasizes the importance of adapting one's leadership style to the situation at hand. Ferguson's varying approach with different players shows that he understood this theory and knew how to adjust his leadership style to fit the individual needs of each player.
17. Ferguson was determined to build a successful team and was willing to make changes to achieve his goals. He had a clear vision for how he wanted to build the club and was able to communicate this vision effectively to his players.
He was adaptable in his leadership approach, recognizing that different players had different needs. And he demonstrated emotional intelligence by taking the time to learn the names of support staff and showing empathy and understanding towards his players.
18. His ability to understand and manage his own emotions, as well as those of his players, allowed him to build strong relationships and create a positive team culture. He was able to communicate effectively with his players and motivate them to perform at their best.
19. If players perceive that some are receiving special treatment or that the rules are different for different players, it can create resentment and a lack of trust within the team. It can also be difficult to maintain consistency in expectations and standards when different players are treated differently.
However, as demonstrated by Ferguson, if done correctly and with a deep understanding of each individual player's needs and strengths, varying the leadership approach can be an effective way to motivate and inspire each player to reach their full potential.
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Why is human resource management important to all managers? What is the role of line managers in human resource management?
Answers
A human resources department is also in charge of making sure that its employees are happy and healthy.
What is the significance of human resource management?
Without effective human resources management, companies would be unable to bring in and keep top personnel, expand and improve their operations, and maintain a supportive workplace environment.
HRD is seen as the secret to increased and improved productivity since it aids in the development of the knowledge, abilities, and attitudes that employers seek in their workforce.
Employee job satisfaction may rise as a result, and team members' ability to communicate with one another may improve.
Therefore, Management of human resources plays a crucial role in every organization.
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50 POINTS PLS HELP
Write a check, fill in the check register, then reconcile the checking account.
Answers
Answer:
your answers for blank check are as follow s: Date:04/01/19.
PAY TO THE ORDER OF: City of Dallas $54.15
fifty four dollars and fifteen cents.
Memo:for a parking ticket.
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answers
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
banks and lenders use credit scores to determine . . .
Answers
Banks and lenders use credit scores to determine a borrower's creditworthiness and ability to repay loans.
Credit scores are a numerical representation of a person's credit history and can range from 300 to 850. Higher scores indicate that the borrower is more likely to repay the loan on time, while lower scores suggest a higher risk of defaulting on the loan.There are three main credit bureaus that collect credit information and calculate credit scores: Equifax, Experian, and TransUnion. Banks and lenders use these credit bureaus' credit scores to evaluate a borrower's creditworthiness when considering loan applications. They assess whether or not the borrower has a history of making timely payments, how much debt they have, and how long their credit history is.Credit scores are an important factor in determining whether or not a loan is approved and at what interest rate. The higher the credit score, the more likely a borrower is to be approved for a loan and to receive favorable interest rates.
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U.S. is established as a country based on freedom is to the early america era as federal support for the growth of big business is to the?
Answers
U.S. is established as a country based on freedom is to the early America era as federal support for the growth of big business is to the Industrial revolution.
What is American Industrial revolution?The 1870s saw the beginning of the Revolution, also referred to as the American Manufacturing Revolution, which lasted until the conclusion of World War II. During this time, new transport methods like steamships, vehicles, and airplanes were developed along with the mechanization of industry and agriculture.
What are the four root reasons of the American Industrial Revolution?The advent of capitalism, European imperialism, efforts to mine coal, and the effects of the agricultural revolution are some of the factors that historians have recognised as contributing to the Industrial Revolution.
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In a standard cost system, costs are assigned to all of the following, except for: a.fixed overhead. b.direct materials. c.direct labor. d.variable overhead. e.None of these choices are correct.
Answers
In a standard cost system, costs are assigned to fixed overheads, direct materials, direct labor, and variable overhead.
What do you mean by Standard costing?Standard costing refers to the practice of creating the estimates or standard costs for all the activities of a company.
The main reason for using standard costs is that there are many applications where it is considered very time-consuming to collect the actual costs so standard costs can be used as a close approximation to actual costs.
Therefore, E is the correct option.
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Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on on first $45225 of taxable income 2.13% on next $83989( over $ 45225 upto $129.214) 3. 15% on $129.214 Calculate the annual income tax payable.
Answers
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on the first $45225 of taxable income, 2.13% on the next $83989( over $ 45225 up to $129.214), and 15% on $129.214. Susan Sleugh's total tax payable is $-3526.60.
For income below $45225, the rate of tax is 1.11%. Therefore the amount of tax that Susan has to pay for the income below $45225 is:1.11/100 × 45225 = $501.28
Next, for the next $83989( over $ 45225 up to $129.214) the rate of tax is 2.13%. Therefore, the amount of tax that Susan has to pay for this amount is 2.13/100 × 83989 = $1791.27Now, for the amount above $129.214, the rate of tax is 15%.
Therefore, the amount of tax that Susan has to pay for the amount above $129.214 is:15/100 × (89079 - 129214) = -$5829.15. Hence, her total tax payable for the year is Total tax payable = $501.28 + $1791.27 - $5829.15= -$3526.60. Susan Sleugh's total tax payable is $-3526.60.
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Explain two reasons why trade union membership may decline in a country.
Answers
There can be a few reasons why exchange union membership may decay in a nation. Here are two conceivable reasons:
1. Changes within the nature of work:
2. Lawful and political components:
1. Changes within the nature of work:
As the nature of work changes, the pertinence and request of exchange unions may too decrease. For case, in businesses where specialists are progressively working on an independent or gig premise, or in divisions where mechanization and innovation are supplanting human labor, there may be less of a sense of collective bartering control.
In such cases, laborers may not see the esteem in joining an exchange union or may feel that unions are not able to enough speak to their interface.
2. Lawful and political components:
Changes in legitimate and political components can affect exchange union enrollment. For case, changes in labor laws or governance arrangements can make it more difficult for exchange unions to function or can debilitate their bartering control.
Essentially, changes in open demeanors towards unions or a decrease in union-friendly media scope may too contribute to declining participation.
In common, declining exchange union participation can have critical suggestions for laborers, as unions regularly play a key part in securing workers' rights and arranging reasonable compensation and benefits. In arrange to address declining union enrollment, it may be fundamental to adapt union methodologies to reflect changes within the nature of work, as well as to lock in with lawful and political factors in arrange to preserve the significance and viability of unions.
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4941551496 p.a.ssw.ord yaP2D2
CO.ME FA.ST ON ZO.O.M
Answers
Answer:
WHY FAST?
Explanation:
What is the correct strategy that Alejandra must use to deliver a negative message?
Alejandra is a customer relations manager at a toy company. A customer posted a complaint on the company’s social media page saying that one of its toys is unsafe for children. Alejandra should use a/an _______ strategy to respond to the situation.
Answers
Answer:
Apologize and come up with a new plan. Of course, you need to apologize, if you don't then that becomes a problem. (especially if they are a Karen.) After apologizing start to explain what you are going to do about it. For Example Refunds, Store Credit, Replacement, Etc. To start off. Then fix the problem. Also, tell them that you are going to do so and so to fix it. Like creating anew toy or whatnot. Hope this helps!
Alejandra should apologise for the toys and introduce a new plan as the proper approach to conveying a bad message.
Alejandra Pizarnik notes in her diary in 1968, four years after her stay in Paris, "What most disturbs me since returning to this foreign country: the distance, or the voluntary distance, between the word and the deed. In the loosest sense, something seems literary, but one can distance oneself.
"On meurt à moins" (What frightens me most since returning to this foreign country: the gap between word and deed, or the desire for one. One can pass away from distance, despite the fact that this looks to be literary in the worst sense. "On dies less").
Alejandra Diarios, Barcelona: Lumen, 2003, p. 439, Pizarnik. … A recurring issue in this author's writings is the attempt to reunite act and poetry, which, according to Pizarnik, were split apart "por no sé qué error" ("through some kind of error").
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HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answers
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
When dealing with scarcity, it is important to identify the best way to use the item that
is
Answers
Answer:
Explanation:
in short supply
Fill in the blank... (business!)
Answers
Answer:
Local market conditions or Local environmental conditions.
Explanation:
The answer is - Local market conditions or Local environmental conditions.
Reason -
Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
whats the difference between net, gross, and operating profit
Answers
Operating profit is the amount of gross profit, but “minus operational costs.”
Net profit is the whole amount after a business has “accounted for all deductions, including interest and taxes.”
Hope this helped.
If you’re confused about any of this, feel free to leave a comment!
two farmers agree that pigs are worth $\$300$ and that goats are worth $\$210$. when one farmer owes the other money, he pays the debt in pigs or goats, with ``change'' received in the form of goats or pigs as necessary. (for example, a $\$390$ debt could be paid with two pigs, with one goat received in change.) what is the amount of the smallest positive debt that can be resolved in this way?
Answers
Pigs are valued at $300, and goats are valued at $210, according to two farmers. A farmer will trade pigs or goats for money owed to him by another farmer.
Do you trust farmers?
The cultivation of living things for food or raw resources is the work of an agriculturalist. Those that cultivate various field crops, orchards, vineyards, poultry, or other livestock are often referred to by this moniker. In addition to working as a labourer on property that is owned by others, a farmer may also be the land's owner. Despite differences in degrees and ranks, the level of faith in farmers can be shown in every survey. Another piece of proof for this was provided by a recent survey conducted by the American Farm Bureau, which showed that 88% of Americans have faith in farmers.
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Received this response on a cash confirmation, "Information is furnished as a matter of courtesy without a duty to do so and without responsibility, liability, or warrant, expressed or implied". The bank balance was correct and matched. Would this confirmation still be persuasive and reliable? why or why not?
Answers
The cash confirmation may still be persuasive and reliable despite the disclaimer because the bank balance was correct and matched. However, the disclaimer indicates that the information provided is done so as a courtesy and without any legal responsibility or liability.
In this context, a cash confirmation is a process where a third party, such as a bank, confirms the amount of cash or cash equivalents held by an entity. This confirmation is often used as evidence in audits or financial statement reviews to provide assurance about the accuracy of financial information.
The disclaimer in the response means that the bank provided the information voluntarily and without any legal obligation to do so. It also states that the bank is not responsible for any errors or omissions in the information provided.
While the disclaimer may reduce the weight given to the confirmation, the fact that the bank balance was correct and matched indicates that the information is likely reliable. However, it is important to consider the context and the purpose of the confirmation when assessing its reliability and persuasiveness.
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An increase in aggregate demand will generate _____ in real gdp and _____ in the price level in the short run.
Answers
Answer:
high revenue of the company or high income of the citizens
Explanation:
Help please!!
Andrew is a software professional. He wants to join a group of software professionals on a networking site to remain updated on latest software trends. Which networking site should Andrew join?
Answers
Answer:
Explanation:
it specializes in that department
_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answers
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
PLEASE HELP!!!! ITS DUE AT 11:59 TONIGHT!!!!! WILL GIVE 65 POINTS!!!!
Now that you have reviewed the labor laws and the responsibilities of human resources, your instructor will group you into teams of 2 – 3. You will work together as the human resource department at Wright Technologies for the rest of this project. Before creating an affirmative action plan, your team will look for real-life examples of equal employment opportunity issues. On the Internet, find three cases that illustrate equal opportunity issues. Using the chart below, provide a brief summary of the case and how it deals with equal employment policy. Then, describe how the case was resolved, including the suggested action plan. Provide source information for the cases you find. As you will be writing an affirmative action plan, you must include one affirmative action case.
Case 1
Summary
Equal Employment Issue
Resolution
Source
Case 2
Summary
Equal Employment Issue
Resolution
Source
Case 3
Summary
Equal Employment Issue
Resolution
Source
Use the cases you researched to write a brief response to the prompts below.
1. Do you think the implementation of the affirmative action program was different than any other equal employment issue resolution? Use examples from the cases to support your answer.
2. List the communication or interpersonal tools or skills that were missing in these companies that led to these cases. Do you think that this was a single person’s fault or the company as a whole?
3. Identify the general steps needed to develop an affirmative action plan. What skills are associated with each part?
Your Assignment, Part III
You will now work together as the Wright Technologies human resource team to develop an affirmative action plan. Suggest a method to implement the recommended changes in your plan to address the demographic gap.
Once you have completed your affirmative action plan, write a brief analysis of the plan. Examine the following points:
• Why is your plan the best for Wright Technologies?
• How is the chain of responsibility designed?
• How is the plan communicated to both the outside community and internal workplace?
• How will you ensure the plan is maintained in the company? What interpersonal skills could you apply with coworkers, supervisors, and subordinates to ensure the plan is maintained?
• What are the benefits of the plan internally and externally if implemented properly?
Answers
Affirmative action aims to end discrimination by ensuring equal opportunities, especially for underrepresented groups. Unlike other equal employment issues, it sets goals and timetables for a more diverse workforce.
What is the responsibilities of human resources?In Fisher v. University of Texas, the Supreme Court approved race-based admissions for diversity, if was known to have been tailored for a compelling interest. University set goals to increase underrepresented minority representation, court finds compelling interest in diverse student body.
The communication or interpersonal tools or skill are:
Effective communicationEmpathy and understandingCollaboration and teamworkLeadership and accountabilityLastly, Steps for developing an affirmative action plan include analyzing the workforce for underrepresentation people and setting specific goals and timetables. Developing action programs and monitoring progress towards established goals.
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a business asks a court to interpret the way in which a newly enacted shoplifter detention statute will be applied if the business, at some future point, detains a suspected shoplifter. the court may:
Answers
The court may issue a declaratory judgment, which is a legal determination of a court that resolves legal uncertainty for the parties.
A declaratory judgment is often used in situations where a party is seeking a judicial determination of the rights or obligations under a contract, statute, or regulation before an actual controversy has arisen. In the case of a business asking a court to interpret the way in which a newly enacted shoplifter detention statute will be applied, the court may issue a declaratory judgment that outlines the rights and obligations of the business under the statute. This will provide clarity for the business and help to prevent future legal disputes.
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suppose annual demand for an item is 600 units. annual holding cost is $4 per unit, and ordering cost is $26 per order. what is the eoq?
Answers
EOQ stands for Economic Order Quantity. It is the most cost-effective order quantity of a product for a firm.
In other words, the EOQ is an inventory control measure used to determine how much inventory to purchase at once.
The formula to calculate EOQ is;
EOQ = sqrt((2SD)/H)
where; S = Setup cost or ordering cost, D = Annual demand for the item, H = Holding cost per unitNow we will put the values given in the question,
Annual demand for an item = 600 units Annual holding cost = $4 per unit Ordering cost = $26 per order.
We have to determine the EOQ, which can be calculated using the above formula as:
EOQ = sqrt((2SD)/H)EOQ = sqrt((2 × 26 × 600)/4)EOQ = sqrt(7800)EOQ = 88.19 units (rounded to two decimal places)
Therefore, the EOQ is 88.19 units.
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