In the context of the three levels of decisions involved in labor relations, which of the following management decisions relates to whether the organization will work with unions or develop (or maintain) nonunion operations?

A. Negotiating contracts
B. Formulating labor relations strategy
C. Engaging in corporate governance
D. Administering contracts
E. Relationship management


Answer: B. Formulating labor relations strategy

Business

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

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If a bank pays on a check even though it has a "stop payment order," the bank is liable to the customer only if the customer can prove a loss because of the payment

a. True b. False Indicate whether the statement is true or false

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A) not investing heavily enough in common stock issued by the employer B) investing too heavily in common stock when close to retirement C) participating in an employer-sponsored retirement plan to obtain matching employer contributions D) participating in an employer-sponsored retirement plan and contributing the maximum amount allowed

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a. True b. False Indicate whether the statement is true or false

Business