In the United States, the Minimum Wage Is Defined as

question 21

Multiple Choice

In the United States, the minimum wage is defined as

• A) the wage that the youngest job entrant into the job market makes.
• B) the lowest wage that a corporation should pay a worker if the corporation wants to ensure that its employees are well trained.
• C) the lowest hourly wage rate a firm may legally pay its workers, as legislated by the U.S. government.
• D) the wage ceiling above which a firm no longer must pay its employees additional benefits.

---

Definitions:

Regulations

Rules or directives made and maintained by an authority to regulate behavior; they can apply to individuals, industries, and organizations.

Functional Structures

An organizational structure where the company is divided into departments based on specific functions or roles, such as marketing, finance, or human resources, enhancing specialization and efficiency.

Organic

Pertains to living systems or compounds containing carbon, or in business, refers to growth achieved through internal processes.

Formal

Following or conforming to established rules, conventions, or ceremonies.