The Federal law ensures that employers pay a minimum wage to their employees.
What is the meaning of a federal law?
- Federal laws are bills that have passed both houses of Congress, been signed by the president, passed over the president's veto, or allowed to become law without the president's signature.
- Individual laws, also called acts, are arranged by subjects in the United States Code.
What is an example of a federal law?
- Federal anti-discrimination and civil rights laws that protect against racial, age, gender and disability discrimination.
- Patent and copy right laws.
- Federal criminal laws such as laws against tax fraud and the counterfeiting of money.
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Answer:
e. Increase by $4,500.
Explanation:
<u>Analysis of the effect of discontinuing Product Line C</u>
Income :
Rent Income $6,000
Savings : Fixed Costs - Avoidable $3,000
Total Income $9,000
Costs :
Opportunity Cost - Contribution Margin $4,500
Total Costs $4,500
Net Income (Loss) $4,500
therefore,
By discontinuing Product Line C, operating income for the company will likely Increase by $4,500
Answer: Resource and capability analysis
Explanation:
When the resources and capabilities of an organisation are analyzed, the organizational strategy becomes infallible over time.
The organisation is able to check all it’s capabilities and knowledge in order to enhance resource efficiency and effectiveness.
Answer:
functional representative
Explanation:
A marketing research is most likely to serve as a functional representative in a new product development team.
Market research are conducted to know the viability of new goods and services in the market before it is launched. It is based on unbaised opinion of customers. It help the company to understand the target customer, pricing, other expectation of customer, which is extremely important in designing and developing new product. Therefore, market research serve as functional representative.