If You Are Required by the Courts or Other Directives

question 126

Multiple Choice

If you are required by the courts or other directives to have an affirmative action plan,which of the following actions must you take?

• A) Abide by the requirements of passive nondiscrimination in all hiring practices
• B) Actively recruit minorities so your labor force will eventually be the same as the relevant labor market
• C) Discharge current employees and hire minorities to create the required balance in your workforce
• D) Just ensure that everyone who applies for a job is given equal opportunity to be hired
• E) Discharge any employee who does not join the union within the prescribed time period

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Definitions:

Pooling

A strong form of diversification in which an investor takes a small share of the risk in many independent events, so the payoff has very little total overall risk.

Risk Reduction

Strategies or actions implemented to minimize the probability or impact of negative events or losses.

Market for Risk

A financial market where individuals and institutions trade financial instruments to manage risk exposure.

Risk Reduction

Strategies or actions taken to minimize the potential for loss or harm in investment, business operations, or other areas of concern.