The _______________________________ was introduced in Congress in 1995 to explicitly exclude labor-management committees that do not seek to negotiate collective bargaining agreements from Section 8(a)(2) of the NLRA.

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


TEAM Act

Business

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Reverse innovation begins by identifying new product benefits

Indicate whether the statement is true or false

Business

On December 1, Casualty Insurance Company borrowed $50,000 at a 6.0% interest rate from One Mutual Bank. The note payable plus interest will not be paid until April 1 of the following year. The company's annual accounting period ends on December 31 and adjustments are only made at year-end. The adjusting entry needed on December 31 is:

A. Debit Interest Expense, $250; credit Note Payable, $250. B. No entry required. C. Debit Interest Payable, $1,000; credit Interest Expense, $1,000. D. Debit Interest Expense, $250; credit Interest Payable, $250. E. Debit Interest Expense, $1,000; credit Interest Payable, $1,000.

Business

For a backward vertical integration strategy into the business of suppliers to be viable and profitable, a company must possess

A. a distinctive competence in production process technology and at least a core competence in manufacturing R&D. B. large state-of-the-art production facilities so that it can fully capture all economies of scale in producing parts and components. C. excess production capacity so that it has an ample in-house ability to undertake additional production activities. D. considerable expertise in supply chain management, transportation logistics, and inventory control techniques. E. the capability to achieve the same scale economies as outside suppliers and also match or beat suppliers' production efficiency with no drop in quality.

Business

The conditions that Arbitrator Carroll Daugherty set forth in a frequently cited 1966 arbitration decision to decide whether an employer had sufficient reason to dismiss an employee are known as the _______________________________.

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

Business