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Anvisha [2.4K]
1 year ago
13

conflict theory claims that more powerful age groups use to remove elderly competitors from the workforce.

Business
1 answer:
Pavlova-9 [17]1 year ago
7 0

Conflict theory states that powerful people use legal system for the removal of elderly competitors from the work force.

<h3>What is conflict theory?</h3>

Karl Marx is credited with developing the social concept of conflict theory. It aims to provide an explanation for current political and economic events through the constant conflict over limited resources. Marx emphasises the conflicting relationships between social classes in this struggle, particularly those between the capital owners—whom Marx refers to as the "bourgeoisie"—and the working class, which he refers to as the "proletariat." Conflict theory had a significant impact on thinking in the 19th and 20th centuries and continues to do so now.

<h3>What Are Some Common Criticisms of Conflict Theory?</h3>

Conflict theory is frequently criticised for failing to explain how economic interactions might benefit the various classes engaged in a situation. According to conflict theory, for instance, there is conflict between employers and employees since the former want to pay as little as possible for the labour of the latter while the latter want to maximize their income. In reality, however, ties between workers and bosses are frequently positive. Moreover, by granting employees a greater stake in their employer's success, structures like pension plans and stock-based compensation can further obfuscate the line separating employees and corporations.

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Samuel slips on an icy spot in front of an apartment and is hospitalized for three weeks. The owner of the apartment pays Samuel
andrey2020 [161]

Answer:

B) $1,800.

Explanation:

$14,000 in medical expenses are not part of Samuel's gross income.

$7,000 in disability payments are not included in Samuel's gross income because he paid the premiums.

$4,000 in pain and suffering compensation are not part of your gross income.

The only payments that are part of Samuel's gross income and therefore are taxed, are his regular monthly salary payments = $1,800. If Samuel's disability insurance premium had been paid by his employer, then the $7,000 would have been taxable.

8 0
3 years ago
On June 2nd, SEAkayak had the following details for its common stock: 1,000,000 shares authorized, 400,000 shares issued, and 40
kompoz [17]

Answer:

The authorized common stock shares remain 1,000,000 shares.

Explanation:

The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares.  The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding.  The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.

The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account.  The treasury stock account is a contra account to the Common Stock.

3 0
3 years ago
Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
vitfil [10]

Prior to closing, a final walk through of the property should be performed to ensure that everything has remained as stated in the sales contract. The walk through is generally completed by the: buyer

<h3><u>Explanation:</u></h3>

In real estate field final walk through refers to the inspection that is carried out finally before signing the documents. The local purchase and sales contract determines the time period at which the final walk through must be taken place. It helps the buyer to ensure the conditions to the property before signing the legal documents.

A final walk through helps a buyer to inspect whether all the things that are stated in the sales contract are fulfilled by the seller. Hence, it must be completed only by the buyer. If the seller has mentioned some modifications or repairs to be done then it should also be completed as per the stated requirements of the buyer.

3 0
4 years ago
Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE
Arturiano [62]

Answer:

ROE = 20%

Explanation:

Given:

Common equity = $350,000

Net income = $70,000

Find:

ROE

Computation:

ROE = [Net income/Common equity]100

ROE = [$70,000/$350,000]100

ROE = 20%

5 0
3 years ago
The required sales in units to achieve a target net income is:___________ (sales target net income)
a_sh-v [17]

Answer:

<u>3. divided by contribution margin per unit. (sales target net income</u><u>)</u>

<u>Explanation</u>:

In calculating the sales level in units needed to achive a certain net target income, this formula is applied:

Fixed cost + Targeted Income/Contribution margin per unit

<u>Fixed cost:</u> are all the cost that remains constant or unchanged for a longer period of time such as cost of rent, interest payments etc.

<u>Contribution margin per unit: </u>this refers to the difference between the selling price per unit and the variable cost per unit. This portion of the sales revenue covers (contributes to) the fixed costs.

3 0
3 years ago
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