The purpose of antitrust legislation is to
- A. remove obstacles creating a trade imbalance.
- B. ensure fair competition in an open-market economy.
- C. prevent a nation's currency from losing too much value.
- D. improve consumer access to corporate financial information
Correct Answer & Rationale
Correct Answer: B
Antitrust legislation is designed to promote fair competition within an open-market economy, preventing monopolistic practices that can harm consumers and stifle innovation. Option A focuses on trade imbalances, which relate more to trade policies than to antitrust laws. Option C addresses currency valuation, a topic more relevant to monetary policy than competition laws. Option D concerns financial transparency, which, while important, is not the primary aim of antitrust regulations. Thus, ensuring fair competition is the central goal of antitrust legislation, safeguarding consumer interests and promoting a healthy market environment.
Antitrust legislation is designed to promote fair competition within an open-market economy, preventing monopolistic practices that can harm consumers and stifle innovation. Option A focuses on trade imbalances, which relate more to trade policies than to antitrust laws. Option C addresses currency valuation, a topic more relevant to monetary policy than competition laws. Option D concerns financial transparency, which, while important, is not the primary aim of antitrust regulations. Thus, ensuring fair competition is the central goal of antitrust legislation, safeguarding consumer interests and promoting a healthy market environment.
Other Related Questions
In each of these six court cases, the courts tried to
- A. reflect what the majority of citizens believed.
- B. balance individuals' rights and the needs of society.
- C. protect business interests.
- D. protect states' rights
Correct Answer & Rationale
Correct Answer: B
In these court cases, the courts aimed to balance individual rights with societal needs, ensuring that personal freedoms do not infringe upon the welfare of the community. Option A is misleading; while public opinion can influence decisions, courts prioritize constitutional principles over majority beliefs. Option C inaccurately suggests that the primary focus was on business interests, which is not always the case in judicial decisions that often prioritize individual rights and societal impact. Option D misrepresents the courts' broader role, as they frequently address national interests rather than solely protecting states' rights.
In these court cases, the courts aimed to balance individual rights with societal needs, ensuring that personal freedoms do not infringe upon the welfare of the community. Option A is misleading; while public opinion can influence decisions, courts prioritize constitutional principles over majority beliefs. Option C inaccurately suggests that the primary focus was on business interests, which is not always the case in judicial decisions that often prioritize individual rights and societal impact. Option D misrepresents the courts' broader role, as they frequently address national interests rather than solely protecting states' rights.
What did Taylor believe should be done if an employee was not good at doing an assigned job?
- A. The employee should be fired.
- B. That job's duties should be reorganized.
- C. A job better suited to the employee should be found.
- D. The employee should be made to read Taylor's books and articles.
Correct Answer & Rationale
Correct Answer: C
Taylor advocated for scientific management, emphasizing the importance of matching employees to jobs that fit their skills and abilities. Finding a job better suited to an employee (Option C) aligns with his belief in optimizing workforce efficiency and productivity. Option A, firing the employee, disregards the potential for growth and development. Option B, reorganizing job duties, may not address the root issue of skill mismatches. Option D, making the employee read Taylor's works, lacks practical application and does not directly resolve the employee's performance issues. Thus, aligning roles with individual strengths is key to achieving success.
Taylor advocated for scientific management, emphasizing the importance of matching employees to jobs that fit their skills and abilities. Finding a job better suited to an employee (Option C) aligns with his belief in optimizing workforce efficiency and productivity. Option A, firing the employee, disregards the potential for growth and development. Option B, reorganizing job duties, may not address the root issue of skill mismatches. Option D, making the employee read Taylor's works, lacks practical application and does not directly resolve the employee's performance issues. Thus, aligning roles with individual strengths is key to achieving success.
Based on the obituary, 'scientific management' meant
- A. doing work in a more productive manner.
- B. creating better tools for the workplace.
- C. getting rid of unskilled workers.
- D. hiring more inventive workers.
Correct Answer & Rationale
Correct Answer: A
Scientific management focuses on improving efficiency and productivity in the workplace by analyzing and optimizing work processes. Option A captures this essence, emphasizing a more productive approach to tasks. Option B, while relevant, is too narrow as scientific management encompasses more than just tool creation; it involves systematic study of workflows. Option C misinterprets the philosophy, which does not advocate for eliminating unskilled workers but rather seeks to enhance overall productivity through better management techniques. Option D suggests hiring more inventive workers, which is not a core principle of scientific management; it prioritizes process optimization over workforce creativity.
Scientific management focuses on improving efficiency and productivity in the workplace by analyzing and optimizing work processes. Option A captures this essence, emphasizing a more productive approach to tasks. Option B, while relevant, is too narrow as scientific management encompasses more than just tool creation; it involves systematic study of workflows. Option C misinterprets the philosophy, which does not advocate for eliminating unskilled workers but rather seeks to enhance overall productivity through better management techniques. Option D suggests hiring more inventive workers, which is not a core principle of scientific management; it prioritizes process optimization over workforce creativity.
Why were most of the passengers denied permission to enter Cuba?
- A. Cuba had already accepted all the refugees it could for that year.
- B. Cuba and Germany did not have diplomatic relations at that time.
- C. Cuba's president claimed their documents had been obtained illegally.
- D. It was feared that admitting them would create tension with Germany.
Correct Answer & Rationale
Correct Answer: C
Most passengers were denied entry because Cuba's president claimed their documents had been obtained illegally. This assertion directly impacted the legitimacy of their entry, making it a crucial reason for their denial. Option A is incorrect as it implies a quota issue rather than a legal matter. Option B is misleading; while diplomatic relations may affect policies, they were not the primary reason for the denial in this context. Option D suggests geopolitical concerns, but the immediate issue was the legality of the passengers’ documentation, which was the decisive factor in their rejection.
Most passengers were denied entry because Cuba's president claimed their documents had been obtained illegally. This assertion directly impacted the legitimacy of their entry, making it a crucial reason for their denial. Option A is incorrect as it implies a quota issue rather than a legal matter. Option B is misleading; while diplomatic relations may affect policies, they were not the primary reason for the denial in this context. Option D suggests geopolitical concerns, but the immediate issue was the legality of the passengers’ documentation, which was the decisive factor in their rejection.