Victor Owns His Own Motorcycle and ATV Store

question 8

Multiple Choice

Victor owns his own motorcycle and ATV store. He notices that many of his customers talk about golf while in his store. He quickly adds golf carts and golf clubs to his merchandise selection. Rapidly adjusting to the needs of his customers is possible because small businesses

• A) have personal relationships with their customers.
• B) have the ability to quickly adapt to change.
• C) are independent.
• D) have simplified record keeping.
• E) run the risk of failure.

Understand the significance of the Drug-Free Workplace Act of 1988 and its implications for employers and employees.

Recognize the principles of affirmative action and its application in the workplace.

Understand the importance of bona fide occupational qualifications (BFOQ) and their limitations regarding discriminatory practices.

Identify key labor laws that facilitate collective bargaining and labor relations.

---

Definitions:

Principal

The original sum of money borrowed in a loan, or the amount of the investment.

Negotiated

The process of discussing to reach an agreement in business, employment conditions, or contracts.

Export Controls List

A regulatory list that identifies items subject to export restrictions or licenses, often for reasons of national security, foreign policy, or trade objectives.

Export Broker

A person or company that acts as an intermediary, arranging for goods to be sold and shipped to overseas buyers.