A group of Walmart employees in Raleigh, NC staged a 5-minute flash mob protest over low wages and working conditions at their store. At the end of the demonstration, they handed the manager a signed petition. Which of the following is true?
A. The employer can fire the workers.
B. The employees actions are illegal because they do not have formal union representation.
C. The employees' actions are legal because they are acting together to influence their working conditions.
D. The employer can only fire the workers if they don't formally join or create a union.
C. The employees' actions are legal because they are acting together to influence their working conditions.
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Regulators in different countries have proposed various regulations for product labeling. All of the following statements pertaining to such regulations are true except:
A) mandatory health warnings on tobacco products are required in most countries. B) the American Automobile Labeling Act clarifies the country of origin as well as the final assembly point. C) in 2008, the United States enacted a country of origin labeling (COOL) law. D) the use of terms "light" and "natural" are allowed on labels only in the United States. E) McDonald's is posting nutrition information on all food packaging and wrappers in selected markets.
As a business practice, broadening involves _________
A) acquiring or merging with firms in the same or complementary industries to gain economies of scale and scope B) factoring the interests of customers, employees, shareholders, and other stakeholders into the activities of the enterprise C) buying more goods and services from outside domestic or foreign vendors D) appointing teams to manage customer-value-building processes and break down walls between departments E) becoming more accountable by measuring, analyzing, and documenting the effects of marketing actions
Which of the following is TRUE when a new partner is admitted to a partnership by purchasing an existing partner's interest?
A) Only the transfer of cash from the new partner to the existing partner is recorded. B) Admission of the new partner affects the total asset amount. C) Admission of the new partner affects the total equity amount. D) The only journal entry the partnership records is the transfer of partner's capital.
U.S. GAAP and IFRS require that firms disclose sufficient information to allow the reader of financial statements to calculate Accounts Receivable, Gross, Allowance for Uncollectibles, and Accounts Receivable, Net
Indicate whether the statement is true or false