Fact Pattern 31-1A

question 62

Multiple Choice

Fact Pattern 31-1A
Janet and Julie work at ABC Interiors. Janet is a designer who works with cli?ents of ABC on interior design projects. ABC closely supervises all of its design?ers, and dictates their work schedules. Julie works part-time in the evenings cleaning the offices.
-Refer to Fact Pattern 31-1A. Julie is ABC's

• A) agent but not employee.
• B) employee and agent.
• C) employee or independent contractor, depending on whether ABC controls the details of her physical performance.
• D) independent contractor.

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Definitions:

Porter's Generic Strategies

A framework devised by Michael Porter that outlines three strategic options for businesses to gain competitive advantage: Cost Leadership, Differentiation, and Focus.

Market Scope

Describes the extent and range of products and services a business offers, as well as the geographic and demographic characteristics of the market it aims to serve.

Competitive Advantage

Competitive advantage is the attribute that allows an organization to outperform its rivals, gained through offering greater value to consumers or operating more efficiently.

Strategic Leadership

The ability of influencing others towards the achievement of organizational goals through long-term visioning and by setting a high-level strategic direction.