Answer the following statement(s) true (T) or false (F)
1. Union shops cannot be set up in states where “right to work” laws exist.
2. The Railway Labor Act governs labor relations for rail transportation only.
3. By signing authorization cards, employees are communicating that they want a union to bargain collectively on their behalf.
4. Managers should hold group meetings with employees on the day they vote on unionization.
5. Collective bargaining usually negotiates common employment conditions such as compensation, hours, and working conditions.
1. True
2. False
3. True
4. False
5. True
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Where is the new Consumer Financial Protection Bureau housed?
A) ?Within the Federal Reserve B) ?Within the FTC C) ?Within the Department of the Treasury D) Within the Justice Department
The decision of an arbitrator:
a. must be in writing b. is referred to as a reward c. is binding on the parties as if it were a court decision d. may never be appealed e. all of the other choices
________ is(are) an example of social and political pressures for change.
A. Executive compensation B. Impact of climate change C. Ethical lapses by senior management of firms D. Social media E. Big data and advanced analytics
Projects C and D both have normal cash flows and are mutually exclusive. Project C has a higher NPV if the cost of capital is less than 12%, whereas Project D has a higher NPV if the cost of capital exceeds 12%. Which of the following statements is CORRECT?
A. Project D is probably larger in scale than Project C. B. Project C probably has a faster payback. C. Project C probably has a higher IRR. D. The crossover rate between the two projects is below 12%. E. Project D probably has a higher IRR.