An arbitration award should include not just a decision, but the rationale for it, in order to provide guidance for future interpretation.

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


True

Business

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Airlines make use of ____________ systems, based on telephone or Web site reservations. This provides enormous cost savings for airlines because it reduces ____________

a. Ticketless; gross revenue charges b. Partial; gross revenue charges c. Ticketless; travel agent commissions d. Partial; travel agent commissions e. Ticketless; net revenue charges

Business

Accession that naturally occurs to a property belongs to the owner

Indicate whether the statement is true or false

Business

Given an EOQ model with shortages in which annual demand is 4200 units, Co = $160, Cc = $7 per unit per year and CS = $25, what is the annual carrying cost?

What will be an ideal response?

Business

Which of the following situational communication styles demonstrates high task-high relationship behavior using a closed presentation for the task with an open elicitation for the relationship? 

A. Consultative communication style B. Laissez-faire communication style C. Autocratic communication style D. Participative communication style

Business