-The author describes a common myth held by business managers
-He then goes on to describe how that myth is concurred by business journals and hence is finding widespread acceptance
Took 9 mins in total, including 3 mins to read .
1. Because labor rates are highly visible, managers can easily compare their company’s rates with those of competitors
Answer A
2. "The myth that labor rates and labor costs are equivalent is supported by business journalists, who frequently confound the two.
...
-He then goes on to describe how that myth is concurred by business journals and hence is finding widespread acceptance
Took 9 mins in total, including 3 mins to read .
1. Because labor rates are highly visible, managers can easily compare their company’s rates with those of competitors
Answer A
2. "The myth that labor rates and labor costs are equivalent is supported by business journalists, who frequently confound the two.
...
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