_______________________________ arbitration is conducted to resolve disputes over contractual terms governing wages and terms and conditions of employment.

Fill in the blank(s) with the appropriate word(s).


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Which is NOT a mentioned type of bad leader?

A. incompetent B. rigid C. corrupt D. ignorant

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Phillip was waiting for a bus at a bus stop. Across the street and down the block, a mechanic negligently overinflated a tire he was intending to put onto Marsha's pickup truck. The exploding tire injured Marsha and frightened a neighborhood dog, which ran down the street and knocked Phillip down, injuring his knee. Phillip sued the mechanic. In applying the Palsgraf v. Long Island Railroad Co

decision to this case, Phillip would a. win because the mechanic was negligent in overinflating the tire, which led to Phillip's injury. b. win based on negligence per se. c. lose because the court would apply the doctrine of res ipsa loquitur. d. lose because, although the mechanic's conduct was negligent toward Marsha, it was not a wrong in relation to Phillip, who was far away. The mechanic could not have foreseen injury to Phillip and therefore had no duty to him.

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Herring Corporation has operating income of $270,000 and a 40% tax rate. The firm has short-term debt of $119,000, long-term debt of $316,000, and common equity of $435,000. What is its return on invested capital?

A. 17.37% B. 17.95% C. 18.62% D. 19.87% E. 20.72%

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Which of the following is an example of an integrative technique for responding to political risk?

A. Diversifying production of a product among a number of countries B. Creating joint ventures and hiring local people to manage and run operations C. Limiting the responsibility of local personnel and hiring only those who are vital to the operation D. Raising capital from local banks and the host government as well as outside sources

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