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The _____ Defines Employers' Explicit Obligation to Establish the Business

question 37

Multiple Choice

The _____ defines employers' explicit obligation to establish the business necessity of any neutral-appearing selection method that has had adverse impact on groups specified by the law.


Definitions:

Market Equilibrium

The condition in which the quantity of a good supplied is equal to the quantity demanded, resulting in no economic pressure to change the price or quantity.

Unregulated Market

A market where there is no governmental control or interference in the transactions between buyers and sellers.

Quantity Supplied

The volume of goods or services that suppliers can and are prepared to dispatch in the market at a particular price point within a defined duration.

Excess Supply

A scenario in which the market has a supply of a product or service that exceeds the demand for it at its present price.

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