In a short essay, describe the main problem of economic inequality
What will be an ideal response?
Answer: Wage gaps have always existed in the United States, but recently the gap between the rich and poor has been growing. All one has to do is take a look at the skyrocking salaries of today's athletes and CEOs. This is not a problem shared by other countries, it is uniquely a product of the U.S. economic system. Several years ago, protestors staged a sit-in on Wallstreet to protest the high salaries of CEOs. This condition has affected how people see opportunity and has serious implications in motivating employees. If employees feel that they cannot reach the top or that they will never be able to attain economic equality, then many may quit trying. Social discontent and motivation are important and business leaders need to recognize how societal attitudes in the economic context also may create constraints as they make decisions and manage their businesses.
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List and briefly discuss three major differences between just-in-time costing (JIT) and traditional costing
What will be an ideal response
A marketing survey conducted by EgeBank in Istanbul, Turkey used analysis of variance techniques to help identify affective and perceptual factors that differentiate alternative tourist destinations
Indicate whether the statement is true or false