What is a union federation and what role does it play in protecting worker rights?
What will be an ideal response?
A union federation is an association of labor unions that provides support and leadership to the labor movement. A federation has departments that specialize in meeting the needs of various industries or occupations. In addition, there are departments that focus on things like civil rights, international affairs, organizing, and union politics. The role of these departments is to conduct research, provide education, and inform policy both internally and externally, via political lobbying.
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Which of the following is most likely to be a disadvantage for a retailer in developing customer loyalty through offering popular national brands?
A. Other competitors can purchase and sell the same popular products. B. The costs associated with offering popular national brands are very high. C. Training employees to operate the new product or service involves time and effort. D. There is often a huge reduction in the profit margin for the retailer. E. It leads to brand cannibalization.
If, after a public administrative hearing, the Federal Trade Commission (FTC) finds a violation of Section 5, it may issue a cease-and-desist order
Indicate whether the statement is true or false
The various economic systems around the world are
A. always shaped by the free decisions of producers and consumers. B. equally effective at providing for the needs of citizens. C. based on the ideal of a pure subsistence economy. D. known collectively as the "command economy." E. heavily influenced by a society's political institutions.
Product-type determining dimensions
A. affect the customer's choice of a specific kind of product. B. affect the customer's purchase of a specific product brand. C. are relevant to including a customer type in the product-market. D. are generally relevant to purchasing behavior. E. are less specific than qualifying dimensions.