Which of the Following Statements Regarding Managers in Today's World

question 100

Multiple Choice

Which of the following statements regarding managers in today's world is accurate?

• A) Their age range is limited to between 30 and 65 years.
• B) They are found only in large corporations.
• C) They can be found exclusively in for-profit organizations.
• D) The single most important variable in employee productivity and loyalty is the quality of the relationship between employees and their direct supervisors.

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Definitions:

Breach Of Contract

The failure of one or more parties to fulfill the obligations stated in a contract without a lawful excuse.

Employment-At-Will Doctrine

A legal principle allowing the employment relationship to be terminated by either the employer or the employee at any time, for any reason not prohibited by law.

Public Policy

A system of laws, regulatory measures, courses of action, and funding priorities concerning a given topic promulgated by a governmental entity or its representatives.

Contract Theory

The study of how contractual agreements are formed, validated, and enforced between parties.