In Modern Times, It Is Not a Country Per Se

question 5

Multiple Choice

In modern times, it is not a country per se but rather a controller of capital and know-how that gives the country in which it is domiciled a comparative advantage over another country. These controllers of capital and technology are

• A)the state.
• B)the multinational corporations (MNCs).
• C)portfolio managers of international mutual funds.
• D)none of the above

Understand the legal and ethical considerations in hiring, including anti-discrimination laws.

Recognize the importance of training and its role in improving employee performance and motivation.

Understand the role of employment testing in the selection and evaluation process.

Explain the significance of motivational strategies and incentive programs in the workplace.

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Definitions:

Best Evidence Rule

A legal principle requiring the presentation of the original document as evidence in court, rather than copies, unless the original is unavailable.

Obligee

A person or entity that is owed a duty or performance under a legal agreement or contract.

Obligor

An obligor is a person or entity legally bound to provide a payment, service, or other benefit to another party (the obligee) under the terms of a contract or legal agreement.

Statute of Frauds

The Statute of Frauds is a legal principle that requires certain kinds of contracts to be in writing and signed by the party to be charged, to prevent fraud and perjuries.