Which of the Following Is Not an Example of Globalization

question 12

Multiple Choice

Which of the following is not an example of globalization? 

• A) ​A war around the globe finds its way into living rooms. 
• B) ​New York is the center of the art world. 
• C) ​One stock market affects all stock markets. 
• D) ​China's air pollution flows into California. 
• E) ​Cellular phones and the Internet allow for instant communication.

Differentiate between various employment relationships, including master-servant, independent contractor, and joint employment.

Recognize the importance of control in determining the nature of employment relationships.

Understand the legal consequences of employment classifications on employer liabilities.

Identify the factors that influence the classification of workers as employees or independent contractors.

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Definitions:

Franchisor

The party in franchising that owns the overarching company, trademarks, and products or services being offered, which grants the right for a franchisee to operate under the business's name.

Franchisee

A party that acquires the rights to use a company's trademark and business model to conduct business under that name.

Royalty Fees

Periodic payments made by a franchisee to the franchisor, typically based on a percentage of the franchisee's sales revenue.

Gross Profits

The total revenue from sales minus the cost of goods sold, before deducting operating expenses.