Perspectives and Frameworks - review
5 important questions on Perspectives and Frameworks - review
We looked at efficient breach in the book and it gave a great summary. Don’t cause a breach in this question, what does it mean?
You and Dad talked about the feedback loop. Dad gave the example of the government and the economy:
(Government making a legal rule that affects the economy. If people in the economy go on strike, it will affect the government.)
What is the feedback loop and what are the two types of loops?
1. Internal feedback loop
2. External feedback loop
BTW,
This is not in the book but what is the Rand formula? We looked it up on Google (DO NOT SEARCH IT UP) and saw what it means for unions and employees.
What does it do for employees?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What is the difference between an employee and an independent contractor?
CONTROL
IC = A worker who is in business for themselves, therefore not an employee.
Oooh I bet you can’t get this one!
What is a dependent contractor? Is that person considered a customer?
A worker who has more autonomy and independence, yet remains economically dependent on one customer for income.
Could be subject to control at the hands of the customer.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
