What is an enterprise compact and how might it present an alternative to traditional union representation?

What will be an ideal response?


An enterprise compact is a document specifying the principles of a labor-management relationship based on union and employee involvement in business decision making. Employers agree to treat workers and unions as business partners. In return, the union commits to helping the employer maintain competitiveness and to share more of the risks (and rewards) of company success.

Business

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Which act limits consumers' liability for fraudulent credit card charges?

a. Identity Theft and Assumption Deterrence Act b. Fair Credit Billing Act c. Family Education Rights and Privacy Act d. Fair Credit Reporting Act

Business

On January 2, Froxel Company purchased 10,000 shares of Sandia Corp. common stock at $19 per share plus a $3,000 commission. This represents 30% of Sandia Corp.'s outstanding stock. On August 6, Sandia Corp. declared and paid cash dividends of $1.75 per share, and on December 31 it reported net income of $150,000. Prepare the necessary entries for Froxel to account for these transactions and events.

What will be an ideal response?

Business

Which of the following is the BEST example of concise communication?

a. All those employees who are on a salary basis will not receive compensation for number of hours worked in excess of 40 hours per week. b. Compensation is not available for salaried employees who are asked to work overtime to complete the excess workload. c. It is standard company policy that those who are salaried as managers are expected to work overtime with no financial compensation. d. Salaried employees will not receive financial compensation for overtime work.

Business

When considering a balanced scorecard that depicts a company from a(n) ________ perspective, the critical HR indicators are employee satisfaction with HR department services and employee perceptions of the company as an employer. 

A. customer B. innovation C. internal D. learning E. financial

Business