Employment at will means: Select one: a. workers or managers terminate an employ

Question

Employment at will means:

Select one:

a. workers or managers terminate an employment arrangement any reason, or no reason

b. employers can hire anyone they wish

c. workers can take any job they wish

d. the government does not interfere in employment contracts

The liberty of contract states that:

Select one:

a. the right to compose a contract is a natural right

b. labor unions are not illegal

c. laborers and employers can write their own contracts

d. laborers and managers can negotiate any contract they please as long it is based on mutual consent

A corporation has decided that based on transaction cost economics, it is cheaper to acquire some services and production in the domestic open economy than to produce them in house. This is an example of:

Select one:

a. offshoring

b. outsourcing

c. structural change

d. competitive pressures

Explanation / Answer

Employment at will means:

Select one:

a. workers or managers terminate an employment arrangement any reason, or no reason

b. employers can hire anyone they wish

c. workers can take any job they wish

d. the government does not interfere in employment contracts

The liberty of contract states that:

Select one:

a. the right to compose a contract is a natural right

b. labor unions are not illegal

c. laborers and employers can write their own contracts

d. laborers and managers can negotiate any contract they please as long it is based on mutual consent

A corporation has decided that based on transaction cost economics, it is cheaper to acquire some services and production in the domestic open economy than to produce them in house. This is an example of:

Select one:

a. offshoring

b. outsourcing

c. structural change

d. competitive pressures

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.