A bona fide occupational qualification allows employers to base employment decisions for a specific job on such factors as sex, religion or national origin if they're able to demonstrate that such factors are an essential qualification for performing a particular job.
What is considered a bona fide occupational qualification?
That exception, called the real occupational qualification (BFOQ), recognizes that in some extremely rare instances an individual's sex, religion, or national origin could also be reasonably necessary to carrying out a particular job function in the normal operation of an employer's business or enterprise.
What is bona fide occupational qualification defense?
The real occupational qualification (“BFOQ”) is defense that an employer can use to justify intentional discrimination in some circumstances. for instance , gender discrimination is against the law
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A lifeguard would be an example of one.<span />
Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
Answer:
Competition-based.
Explanation:
Competition-based pricing is a strategy of adopting similar pricing to companies in the same industry. It is a method based on competitive price observation and publicly disclosed information.
This method is not fully effective, although the added benefits of simple implementation, low risk and accuracy, there may be several missed opportunities when adopting the competition-based pricing method. Copying competitors' prices may not be a good solution to maximize profits, it is a short-term solution that may not be aligned with business strategy and the value and perception of consumers about your products and services.
So there are several other variables that influence profitability, and often following a criterion of copying prices is not enough, the ideal is for each company just to orientate itself to the other and establish a pricing that justifies its strategy.
Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate Owen employs few workers and is not expected to earn profit for the first few years. Although, he still hopes to expand his outlet. In this case, a sole proprietorship is the best option because it is easier and cheaper to start a company. The business owner is free to make all decisions without any consultations. The sole proprietorship earns moderate profits and does not require huge funds in the near future. Owen employs only Quinn and Ruth to run the pet store, which means that it is a comparatively small outlet and does not require huge funds for its financing. Owen will enjoy one more advantage of paying a single tax. This means that the owner (Owen) is required to pay tax either on profits or personal income. This is because, in this organization, the owner and the business are the same entity. The earnings from the business are the personal income of the owner.
<h3>What is
business organization?</h3>
The word "business organization" refers to the organizational structure of businesses and how such structure aids in achieving their objectives. Businesses are often built to concentrate on either making a profit or helping society. A company is considered a for-profit entity when it prioritizes making money. An organization is referred to as a nonprofit (or not-for-profit) organization and is not often called a business when it aims to further the social good through the arts, education, health care, or some other sector.
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