Samantha,the CEO of a Corporation Operating in a Comparatively Poor

question 218

Multiple Choice

Samantha,the CEO of a corporation operating in a comparatively poor country where wages are low,decides to raise the wages of her workers even though she faces an excess supply of labor.Her decision

• A)might increase profits if it means that the wage is high enough for her workers to eat a nutritious diet that makes them more productive.
• B)will help eliminate the excess supply of labor if she raises it sufficiently.
• C)may cause her workers to increase shirking.
• D)All of the above are correct.

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Definitions:

Drawer

The maker of a draft.

Drawee

The party, typically a bank or financial institution, upon whom a cheque or draft is drawn and is responsible for paying the specified amount to the holder or bearer of the instrument.

Payees

Individuals or entities to whom money is to be paid or is owed.

Discrepancy

A lack of compatibility or similarity between two or more facts, figures, or findings leading to a deviation from what is expected or agreed upon.