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maks197457 [2]
3 years ago
8

Employer is desperate to hire sales people. Employer conducts initial telephone interviews and offers employment immediately ove

r the telephone. In making the offer, the employer will always inflate the guaranteed sales commissions that the employee can expect by 200-300%. A potential employee takes the job, relocates and soon realizes that she was misled in terms of compensation. Which of the following is most true? A. A claim by the employee will probably be based on promissory estoppel B. A claim by the employee will probably be based on breach of contract C. Employers are permitted to exaggerate figures to entice people to apply D. Under the doctrine of ‘caveat canem’ an employee bears the risk of being misled in the employment screening
Business
1 answer:
sveticcg [70]3 years ago
7 0

Answer:

A. A claim by the employee will probably be based on promissory estoppel

Explanation:

Promissory estoppel doctrine refers to trying to enforce a promise. In other words, a person that makes a promise is responsible for performing it as long  as:

  1. the promissor made a promise and the promisee acted because of it
  2. the promisee relied on the promise
  3. the promisee suffers a loss due to the unfulfilled promise
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When bonds are issued at their face amount, the journal entry will include a __________ to __________.
Eva8 [605]
D. Credit; bonds payable
3 0
2 years ago
Sally Smith, a supervisor at Kroger's, was recently evaluated by her subordinates. Their responses indicated that Sally uses The
Temka [501]

OPTIONS:

A) naturally like work.

B) will work toward goals they are committed to.

C) have little ambition.

D) have the potential to accomplish the organization's goals.

E) seek out and accept responsibility

Answer:

C) have little ambition.

Explanation:

The theory X consists of a set of assumptions that that a manager or leader has regarding their subordinates. This theory is one of the theories of management that was developed by a social Psychologist known as Douglas McGregor.

According to Theory X, as proposed by McGregor, it is assumed that people are naturally lazy, and unwilling to work. It also assumes that they have little ambition, and would try as much as possible to avoid work. This theory assumes also that motivation that is monetary is what majorly drives people to work.

<em>Sally, treating employees  as if they have little ambition indicates she uses Theory X assumptions when dealing with employees.</em>

<em></em>

7 0
3 years ago
If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the s
son4ous [18]

Answer:

False.

Explanation:

The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.

In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.

"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".

The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.

For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.

8 0
3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
The General Store at State University is an auxiliary bookstore located near the dormitories that sells academic supplies, toile
Nookie1986 [14]

Answer:

A) it will need to sale 5193 pizzas

B) selling 20 per day it will take 260 days

C) if price decrease by 1 dollar to 7.95 the new BEP will be 6,429 dollars

and will take 322 days to achieve break even

Explanation:

fixed cost: 27,000 oven

sales price 8.95

variable cost 3.75 frozen pizza:

contribution margin: 5.2

break even:

27,000 dollars / 5.2 dollar per pizza= 5.192,30

5,192 pizzas / 20 per day = 259.6 days

If sale price decrease by one dollar:

27,000 dollar / 4.2 contribution per pizza=  6.428,57

6,429 / 20 per day = 321.4

8 0
3 years ago
Read 2 more answers
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