Collective bargaining contracts between management and the union negotiators
A) also apply to the workers who are not members of the union.
B) usually are settled only after a strike.
C) cover wages only.
D) cover wages and fringe benefits only.
Answer: A
You might also like to view...
What two factors are the keys to determining labor productivity?
A) technology and the quantity of capital per hour worked B) the growth rate of real GDP and the interest rate C) the average level of education of the workforce and the price level D) the business cycle and the growth rate of real GDP
What is minimum efficient scale? What is likely to happen in the long run to firms that do not reach minimum efficient scale?
What will be an ideal response?
Regarding forecasting, which of the following statements is NOT true? a. Operations managers need sales forecasts to plan future production
b. Financial managers need estimates of future sales revenues, disbursements & capital expenditures in order to plan effectively. c. Forecasts of credit conditions are needed to plan the cash needs of the firm. d. Public administrators and managers of NFP corporations need not forecast, since they need not make a profit. e. Both c and d are false.
When a voter chooses to remain ignorant when the opportunity costs of gathering information outweigh the benefits, it is called:
A. irrational voting. B. trigger mechanisms. C. rational ignorance. D. instinct theorem.