Provide a brief history of organized labor in the United States.
What will be an ideal response?
The American Federation of Labor (AFL) was formed in 1886. Only skilled craft workers such as silversmiths and artisans were permitted to belong. In 1935, the Congress of Industrial Organizations (CIO) was formed. The CIO permitted semiskilled and unskilled workers to become members. In 1955, the AFL and CIO combined to form the AFL-CIO. Individual unions (e.g., United Auto Workers, United Steel Workers) may choose to belong to the AFL-CIO, but not all unions opt to join.
During the 1930s, federal statutes were enacted that gave workers certain rights and protections. Since then, these statutes have been amended and other statutes have been added that protect workers' rights to form and join labor unions and bargain with employers for employment benefits and protections.
Many workers in the United States currently belong to labor unions. Today, approximately 11 percent of wage and salary workers in the United States belong to labor unions. Less than six percent of private-sector employees belong to unions, with the largest unionized occupations being in transportation, construction, and utilities.
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The general rule for business dress in all cultures, according to Axtell, is to
a. wear dark colors. b. wear jackets at all times. c. dress very conservatively and be very "buttoned up." d. dress as people in the host culture dress.
Manipulating the information that is being sent so that it will be received more favorably by the receiver is called?
a. Filtering b. Distortion c. Semantics d. Decoding
In general, firms that are subject to a high degree of ________, relatively short production cycles, or both, tend to use shorter planning horizons
A) profitability B) financial certainty C) operating uncertainty D) financial planning
Sharp Services provided $800 of consulting work and $100 of design work to the same client. It billed the client for the total amount and is expecting to collect from the customer next month. Which of the following general journal entries did Sharp Services make to record the billing of the customer?
A.
| Accounts Receivable | 900 | |
| Consulting Revenue | 800 | |
| Design Revenue | 100 |
B.
| Design Revenue | 100 | |
| Consulting Revenue | 800 | |
| Accounts Receivable | 900 |
C.
| Accounts Payable | 800 | |
| Design Revenue | 100 | |
| Consulting Revenue | 800 |
D.
| Unearned Revenue | 900 | |
| Consulting Revenue | 800 | |
| Design Revenue | 100 |
E.
| Design Revenue | 100 | |
| Consulting Revenue | 800 | |
| Accounts Payable | 900 |