Your Friend and Former College Roommate,David,has Just Been Hired to Manage

question 14

Multiple Choice

Your friend and former college roommate,David,has just been hired to manage a small,family-owned business because the owner has fallen ill,and none of his children are yet ready to assume leadership of the business.David has hiring and firing authority (except for the owner's children) ,and wants to expand and diversify the sales staff,by hiring women and persons of color.There are 3 openings.What would be your best advice to him to accomplish his goals?

• A)David should hire the only qualified women and/or persons of color, in order to achieve diversity
• B)David should prepare an affirmative action plan, after doing a self-analysis which establishes an underutilization of women and persons of color in the relevant labor market, and then advertise the open positions
• C)David should hire the first qualified candidates he finds, regardless of gender or race
• D)none of these would be good advice

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Definitions:

Bushels

A unit of volume that is used to measure quantities of grain, fruit, and other dry commodities, varying in exact measure by product and country.

Microeconomist

An economist who specializes in microeconomics, the study of the behavior of individuals and firms in making decisions on the allocation of limited resources.

Inflation Rate

The speed at which the generic pricing for goods and services elevates, undercutting the force of buying potential.

Macroeconomics

A branch of economics that studies how an economy as a whole functions, including total national income, total levels of employment, and how general price levels are determined.