Where revenue sharing may be effective as a tool to improve competitive balance is when it is used in conjunction with a ______.
A. luxury tax
B. soft salary cap
C. "reverse-order" draft
D. hard salary cap
Answer: D. hard salary cap
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One drawback to the development of a behaviorally anchored rating scale (BARS) as an appraisal format is the:
A) lack of precision in the dimensions. B) lack of precision in the anchors. C) criticism from raters and ratees. D) substantial investment of time and money.
William Gladstone has been engaged as sales agent for the Doremus Corporation. Under which of the following circumstances may Gladstone delegate his duties to another?
A. When an emergency arises and the delegation is necessary to meet the emergency. B. When it is convenient for Gladstone to do so. C. Only with the express consent of Doremus. D. If Doremus sells its business to another.