Which of the following represents a model of unionism where the scope of representation includes the social arena but there is only passive participation by union members?
A. Job control unionism
B. European social partnerships
C. Employee empowerment unionism
D. Social movement unionism
B. European social partnerships
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When organizations endeavor (1) to keep their costs (and hence the prices of their products or services) below those of competitors and (2) to target a wide market, they are utilizing a _____ strategy.
A. focused-differentiation B. differentiation C. cost-leadership D. reinventing E. cost-focus
Which of the following options is not one of the four ways that culture has been conceptualized in international negotiation?
A. culture as shared values B. culture as economic indicator C. culture as learned behavior D. culture as dialectic
For work done during June, Prints Company incurred direct materials costs of $150,000 and conversion costs of $225,000. The company employs a traditional operating philosophy. At the end of August, it was determined that the Work in Process Inventory account had been assigned $2,000 of costs, and the ending balance of the Finished Goods Inventory account was $5,000. There were no beginning
inventory balances. Using the information provided for Prints Company, how much was charged to the Cost of Goods Sold account during June? A) $378,000 B) $380,000 C) $375,000 D) $368,000
Regarding employee stock options, which of the following is/are not true?
a. Firms compute a fair-value-based measure of employee stock options on the date of the grant using an option-pricing model that incorporates information about the current market price, the exercise price, the expected time between grant and exercise, the expected volatility of the stock, the expected dividends, and the risk-free interest rate. b. Total compensation cost is the number of options the firm expects to vest times the value per option. c. Firms amortize total compensation cost over the requisite service period, which is the expected period of benefit. d. The requisite service period is usually the period between the grant date and the vesting date. e. Firms typically remeasure most types of stock options after the initial grant date.