Answers. Best Answer: Courtney, I have no idea what it means, but I found this for you: Professors Thomas Donaldson and Thomas Dunfee proposed a version of contract theory for business, which they call Integrative Social Contracts Theory.thics in Business and Government class. The book does not explain this term, but I am asked a question about it. I've looked all over the web, but I can't find the definition.
According to the Bureau of Labor Statistics, waiters and waitresses working in the District of Columbia earned an average hourly wage of $14.06, higher than those in any other state. Other high-paying states for servers included Washington, at $13.94; Massachusetts, at $13.27; Vermont, at $12.58; and Oregon, at $12.37.
The answer is 2.63 per hour. The reason is, that waitresses make tips. The employer is given what they call a tip credit. In order to pay a waitress the 2.63 per hour, the waiâ¦tress must make up the difference between 2.63 and the state minimum of 8.00. Which would be 5.37 per hour in tips.