New Social Networks and Technology, Such as Blogging, Tweeting and Zoom

question 3

Multiple Choice

New social networks and technology, such as blogging, tweeting and zoom, can now help IHR to enhance many of its projects and systems, such as

• A) communication with employees and potential employees worldwide.
• B) enhancing the firm's employment brand.
• C) global recruiting.
• D) all of the above.

Recognize the conditions under which various types of damages (reliance, restitution, and consequential) apply in contract law.

Distinguish between legal and equitable remedies available in contract disputes.

Comprehend the requirements and purpose of mitigation of damages in breach of contract scenarios.

Identify the conditions under which specific performance and injunctive relief may be granted by courts.

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Definitions:

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full industry adjustment.

Diseconomies Of Scale

Situations where a firm's costs per unit increase as the scale of production increases, typically due to inefficiencies that arise from becoming too large.

Diminishing Returns

A principle stating that if one input in the production of a commodity is increased while other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.

Diminishing Returns

A principle in economics that states as one input variable is incrementally increased, there comes a point when the rate of resultant output begins to decrease.