In 2013, France's labor unions won a case against Sephora to prevent the retailer from staying open late and forcing its workers to work “antisocial hours.” The cosmetic store does about 20 percent of its business after 9 p.m., and the 50 sales staff who work the late shift are paid an hourly rate that is 25 percent higher than the rate paid to workers on the day shift. Many of the late-hour workers are students or part-time workers, who are put out of work by these new laws. Forcing the retailer to close earlier forces the store's assets, such as the building and merchandise, to be moved from lower or higher valued activities to higher or lower valued activities. True or False: In order to profit from this law, an individual could purchase Sephora products during the day and sell them at a higher price during normal store hours.
In 2013, France's labor unions won a case against Sephora to prevent the retailer from staying open late and forcing its workers to work “antisocial hours.” The cosmetic store does about 20 percent of its business after 9 p.m., and the 50 sales staff who work the late shift are paid an hourly rate that is 25 percent higher than the rate paid to workers on the day shift. Many of the late-hour workers are students or part-time workers, who are put out of work by these new laws.
Forcing the retailer to close earlier forces the store's assets, such as the building and merchandise, to be moved from lower or higher valued activities to higher or lower valued activities.
True or False: In order to profit from this law, an individual could purchase Sephora products during the day and sell them at a higher price during normal store hours.
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