Drew Got a Non-Union, Senior-Management-Level Job

question 79

Multiple Choice

Drew got a non-union, senior-management-level job. After the first day, Drew came to his dad to discuss his obligations to his boss and his boss's obligations to him. Which of the following is false?

• A) Drew must be punctual and obedient.
• B) Drew owes the employer a fiduciary duty (i.e., a duty to serve the employer's interests above his own).
• C) The employer cannot terminate Drew's employment unless Drew does something wrong.
• D) The employer owes Drew not only pay, but also some direction.
• E) If Drew wants to quit, he must give the employer proper notice unless the employer has done some wrong (e.g., given an unreasonable or dangerous order).

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Definitions:

Stadium Management

The administration and operation of a stadium, including event scheduling, maintenance, and security.

MR=MC

The condition where marginal revenue equals marginal cost, often used as the profit-maximizing point in economic analysis of firms.

Single Product

A business model focusing on the production or sale of one specific item or service.

Multiple Product

The offering or production of more than one type of product by a company.