Which of the following is the most likely reason why employers should employ older workers?
A) They adjust to new technology promptly.
B) Older workers have extensive work experience.
C) Older workers are flexible and learn quickly.
D) They have shorter tenures and hence lower pension benefits than younger workers.
E) The rates of unavoidable absences are lower than those of younger workers.
B
Explanation: B) Employers in the United States see a number of positive qualities older workers bring to their jobs, such as experience, judgment, a strong work ethic, and commitment to quality. But older workers are also perceived as lacking flexibility and resisting new technology.
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An accountant is an important job in all types of firms. Some accountants are going to be paid higher than others because of the type of company in which they work (e.g., working for a retail store versus working for an accounting firm). These pay differences for accountants are created by
a. the internal value of competencies within a company. b. the internal value of jobs within a company. c. the external value of jobs for the company. d. the external value of competencies for the company.
Which of the following is true of profits and losses in a general partnership?
A) The proportion of profit shared is equal to the general partner's initial investment. B) Losses are shared equally by all general partners. C) The general partner who proposed the idea of the business gets most profit. D) The proportion of investment governs only the proportion of loss shared and not profit obtained.