Jeff wants to start his own business and he's eager to make it successful. He remembers his sociology professor talking about socialization theory, human capital, and allocation theory.
Armed with this knowledge, what should be Jeff's strategy in building up his business?
a. Avoid hiring too many college graduates. They demand higher salaries, which drains money from profit margins.
b. Hire more workers than you think you'll need. Not all of them will stay with the company for long.
c. Hire mostly college graduates. They'll have the needed skills and productivity levels.
d. Outsource as many positions as possible to keep personnel costs low.
Question 2
When Congress and U.S. presidents altered the __________ that precipitated the S&L crisis and the subprime loan scandal, it was a prime example of how flexible __________ is for those who hold the power.
a. U.S. Constitution; power
b. banking laws; deviancy
c. mortgage laws; state terrorism
d. money supply; the goal post
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