Explain how the Great Uprising of 1877 laid the foundation for future labor-management relations.
What will be an ideal response?
The Great Uprising of 1877 was a result of pent-up grievances by workers in many industries
and locations. The Uprising was characterized by one railroad strike after another, in some
cases resulting in violent clashes between workers and federal troops or state militia. Workers
shut down many businesses, rioters destroyed property, and several people died as a result of
the riots. Consequently, employers had significant fears of similar populace uprisings and
backlash against capital owners. Therefore, they resorted to increasingly more aggressive
tactics for repressing unionization. This laid a foundation of conflict between employers and
employees as the norm for labor-management relations in the U.S.
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A furniture retailer has a beginning-of-year inventory (at cost) of $400,000; ending inventory (at cost) is $270,000 . Yearly purchases are $700,000 and transportation charges equal $5,700 . The retailer's cost of goods sold is _____
a. $570,000 b. $575,700 c. $835,700 d. $1,105,700
Which of the following would NOT be favorable for successful branding?
A. Product quality is easy to maintain. B. The product has economies of scale in production and distribution. C. The product is hard to identify by brand or trademark. D. The product offers the best value for the price. E. The product has widespread availability in the market.
Verna makes a living by commercial fishing in a river allegedly polluted by Wall Paint Company. To bring a suit against Wall Paint on the ground of private nuisance, Verna must allege that she suffers from
a. a distinct harm separate from that affecting the general public. b. a lesser harm than an injunction would impose on Wall Paint. c. Wall Paint's failure to use reasonable care to avert herm to Verna. d. the same harm as that affecting the general public.
In the context of the legal and ethical dimensions of business conduct,providing rock-bottom prices only to distributors in underserved areas is _____.
A. illegal and unethical B. legal but unethical C. legal and ethical D. illegal but ethical