Answer the following statements true (T) or false (F)
1. Strikes and independent unions were illegal in the Soviet Union.
2. Labor relations systems in the former Soviet Union are beginning to take on characteristics
similar to the U.S. labor relations system.
3. The main feature of labor relations in Australia has been a centralized system of arbitration
awards that specify minimum standards for pay and working conditions.
4. Since the 1980s, Australian labor relations has become more centralized, focused more on
national labor policy than on individual company-level bargaining.
5. New Zealand's labor movement can best be compared to that of Great Britain.
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. FALSE
You might also like to view...
The cost of computer hardware to be purchased for a new system is an example of a(n) ____ cost for that system
a. direct cost b. indirect cost c. intangible cost d. recurring cost
Vermont Home Builders conducted a study of the customers in the housing sector, which revealed that there are seven kinds of buyers, each a little different and each differently profitable. Vermont Home Builders decided to focus their attention on the three most profitable segments. In this example, Vermont Home Builders uses which of the following market segmentation strategies?
A) mass-market strategy B) niche-segment strategy C) adjacent-segment strategy D) multi-segment strategy E) subsegment strategy
Cost of goods manufactured decreases the Work in Process Inventory account
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) When a company is evaluating an investment proposal with high risk, a low discount rate should be used. 2) When the internal rate of return is the same as the required rate of return, the net present value of an investment will be positive. 3) The internal rate of return (IRR) is the rate of return, based on discounted cash flows, of a capital investment. 4) If an investment's internal rate of return is higher than the required rate of return, the company should reject the investment. 5) The discounted cash flow methods of evaluating capital investments are superior because they consider both the time value of money and the profitability of the investment.