According to Henry Shue, firms are not in the business of protecting the interests of their workers, except when this is a means to accomplish the organizational objectives
a. True
b. False
A
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Which of the following is likely to cause a recession according to real business cycle theorists?
A. A fall in fuel prices B. A fall in aggregate demand C. A sudden fall in productivity D. A fall in money supply
The hourly employees at Cardiac Health System are dissatisfied with their union. They find that the management at Cardiac Health System communicates openly and treats them with respect in resolving problems, so they don't see much value in paying dues to a union. What option do the employees have in this situation?
A. They may negotiate for a neutrality provision to neutralize the union's authority. B. They can call for a decertification election to take place when their contract term ends. C. They can request an immediate decertification election. D. They can request that their union representative terminate the union contract. E. They must accept the union, because they voted for representation in a lawful manner.
The basis of much of the federal government's regulation of food and drug products is the
Federal Food, Drug and Cosmetic Act of 1938. Indicate whether the statement is true or false
A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years. The payback period of the project is ________
A) 1.5 years B) 2 years C) 3.3 years D) 4 years