Union substitution refers to:
A. Management policies and practices adopted to keep unions out by making them
unnecessary.
B. Tactics such as harassment, demotion, or firing of union supporters.
C. Elections in which workers vote out their current union in favor of an alternative union.
D. Laws and regulations that provide the same or similar benefits as unions.
A. Management policies and practices adopted to keep unions out by making them
unnecessary.
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Imagine that you are the CEO of Biggies, a chain of family-style restaurants. You are interested in implementing the strategic management process in your restaurants. Summarize the strategic management process and explain how you would execute each of the steps and the feedback loop of the strategic management process in your restaurant chain.
What will be an ideal response?
The initial step in the risk management process is to
A. Identify the risks. B. Appoint a risk manager. C. Assess the risk potential. D. Set aside budget funds for managing the risks. E. Determine the level of acceptable risk.
As lead times decrease, supply chain managers are able to
A) better match supply with demand. B) better match demand with supply. C) increase supply chain cost. D) decrease product availability.
In the context of acquiring financial assets, a full-service broker:
A. buys and sells securities for his or her clients but offers few additional services. B. charges commissions but does not charge fees for the services provided. C. charges flat fees of a few dollars per trade for simple transactions. D. identifies good investment opportunities.