The company negotiators and the union representatives cannot reach an agreement. They bring in a third party to facilitate the negotiation. Which of the following occurs when the third party makes the decision?
a. impasse
b. conciliation
c. mediation
d. arbitration
Ans: d. arbitration
Business
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Our county legislator asked how could the proposed budget be cut by 10 percent
What will be an ideal response?
Business
ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable costs per unit are tabled here. Determine the production volume at which costs of Processes B and C are equal.
A. 2,000
B. 3,000
C. 4,000
D. 1,000
Business
How soon should OSHA be notified if a fatality occurs?
A. Within one hour B. Within eight hours C. Within one day D. Within 48 hours E. Within one week
Business
What is included in the prefatory material of formal proposals?
Business