Most Promotions Are Based On

question 19

Multiple Choice

Most promotions are based on:

• A)seniority or merit
• B)age
• C)family connections
• D)personal relationships with management
• E)factors external to the organization

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Definitions:

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at increasing economic competition and preventing corporate behaviors that could lead to monopolies or restrain trade.

Sherman Act

An essential U.S. legislation established to prevent business activities that restrict competition, ensuring fair trade practices.

Strengthen

To increase in value or improve in quality.

Federal Trade Commission Act

A 1914 United States federal law that established the Federal Trade Commission (FTC) to prevent unfair competition and deceptive practices in the marketplace.