Explain the pros and cons of joining a union from the employees' perspective.
What will be an ideal response?
Employees might vote to have a union represent them for any number of reasons including: need for improvement in wages and working conditions, lack of respect from management, need for a safer or more secure working environment, difficulty communicating with bosses, or unfair working hours. The overriding reason is power-a united group inevitably wields more power.
Some workers are reluctant to join unions. Sometimes this is due to a perception that union leaders are corrupt or a belief that the benefits are not worth the cost of union dues. Some employees may also not want to be forced into doing something, such as striking, or be a part of any downsides to organizational effectiveness.
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Doran Corp has a current ratio of 6 . Under which of the following scenarios might this indicate a problem?
a. inventories are increasing due to the introduction of a new product b. the company is holding cash in expectation of making a large investment in equipment c. receivables are increasing due to increasing sales d. inventories are increasing and the industry in which Doran Corp. operates is experiencing a recession
Which of the following guidelines does not enhance the usefulness of projective techniques?
A) Projective techniques should be used because the required information cannot be accurately obtained by direct methods. B) Projective techniques should be used for exploratory research to gain initial insights and understanding. C) Given their complexity, projective techniques should not be used naively. D) none of the above
Ted works in a call center environment, and he woke up on the “wrong side of the bed” today. Which of the following is this start to the workday likely to affect first?
A. It will have no effect on his performance. B. It will affect his perception of customers’ moods. C. He will be more productive. D. It will not affect how he interacts with customers.
All other factors equal, a decrease in the order quantity will
a. decrease the annual carrying costs. b. decrease the annual ordering costs. c. increase the lead time. d. reduce the safety stock.