If You Are Required by the Courts or Other Directives

question 126

Multiple Choice

If you are required by the courts or other directives to have an affirmative action plan,which of the following actions must you take?

• A) Abide by the requirements of passive nondiscrimination in all hiring practices
• B) Actively recruit minorities so your labor force will eventually be the same as the relevant labor market
• C) Discharge current employees and hire minorities to create the required balance in your workforce
• D) Just ensure that everyone who applies for a job is given equal opportunity to be hired
• E) Discharge any employee who does not join the union within the prescribed time period

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Definitions:

Economic Efficiency

A state where resources are allocated in the most effective way possible, maximizing output without wasting any inputs, ensuring that goods and services are produced at the lowest possible cost and distributed to those who value them most.

Deregulation

The process of removing or reducing government controls and restrictions in an industry to allow for more competition and efficiency.

Pork-Barrel Politics

The allocation of government spending for localized projects secured primarily to bring money to a representative's district, often without proper consideration of the benefits or costs.

Principal-Agent Problem

The principal-agent problem occurs when there is a conflict of interest between a principal (owner or shareholder) and an agent (manager or executive) due to differing goals, with the agent potentially making decisions that benefit themselves at the expense of the principal.