Explain the two sides of the public sector collective bargaining debate that has led to the new laws such as that passed in Wisconsin to severely limit or eliminate public sector bargaining rights.

What will be an ideal response?


In response to concerns over the cost of public sector wages and benefits, Republican lawmakers have tried to limit or abolish bargaining rights in various states across the U.S. They believe public sector unions are too strong and, as a result, are able to negotiate wages and benefits that exceed what the public can afford. Labor unions and labor supporters, however, argue these attempts to limit or remove bargaining rights are really motivated by a desire to limit the influence of unions in politics since, generally speaking, have supported Democratic candidates.

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Briefly compare the different types of research approaches for gathering primary data

What will be an ideal response?

Business

Minksine Corporation employs Sandy as its marketing manager. Sandy is driving her sedan to attend a meeting with a client on behalf of her employer On her way to the meeting, Sandy is involved in an automobile accident that is caused by her negligence. Several people are seriously injured in the accident. Which of the following is true of this case?

A) Sandy is solely liable for damages caused by the accident. B) The injured people cannot recover damages from Sandy. C) Minksine Corporation is liable for the injuries caused by Sandy. D) The injured people can only claim medical reimbursement from Minksine Corporation.

Business

Restating future cash flows in terms of present values and then determining the payback period using these present values is known as:

A. Net present value method. B. Accounting rate of return method. C. Break-even time (BET) D. Present value method. E. Internal rate of return method.

Business

Value-chain analysis assumes that the basic economic purpose of a firm is to create value, and it is a useful framework for analyzing the strengths and weaknesses of the firm.

Answer the following statement true (T) or false (F)

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