Fifty-Five Year Old Mark Has Worked with an Organization for 20

question 44

Multiple Choice

Fifty-five year old Mark has worked with an organization for 20 years and was looking forward to his impending promotion. During his annual appraisal, his supervisor stated that he had "put in enough time" and suggested he step down from his post since most executive employees retired at the age fifty five. In this instance, Mark does not need to resign since:

• A)he is physically fit to work.
• B)under Age Discrimination in Employment Act mandatory retirement of such executives prior to sixty-five is still prohibited.
• C)retirement will violate Americans with Disabilities Act.
• D)it is mandatory for his organization to hand him the promotion considering his age and level of experience.

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Definitions:

Subjective Criteria

Decision-making factors based on personal preferences, opinions, or judgments rather than on objective data.

Purchase Decision

The final stage in the buying process where a consumer chooses to buy a specific product or service after considering various alternatives.

Gross Domestic Product

The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period, serving as a comprehensive indicator of a country's economic performance.

Service Sector

A segment of the economy that involves providing intangible goods like services and experiences rather than physical products.