Which Best Describes the Role of an Employee Handbook?​

question 102

Multiple Choice

Which best describes the role of an employee handbook?​

• A)​it can create contractual rights for employees
• B)​it is not binding on employees
• C)it is best for employers not to have handbooks
• D)employees are not bound by the handbooks

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Definitions:

Oligopoly

A market structure in which a few firms sell either a standardized or differentiated product, into which entry is difficult, in which the firm has limited control over product price because of mutual interdependence (except when there is collusion among firms), and in which there is typically nonprice competition.

Innovate

The act of introducing new ideas, devices, or methods to improve productivity, efficiency, or creating new products or services.

Innovation

The process of introducing new ideas, devices, or methods, often leading to technological progress or improved solutions.

Invention

The creation of a new product, service, or process, often one that has never been made before, resulting from study and experimentation.