According to the human resources school of thought, the labor problem stems from:
A. Market failures.
B. An imbalance of bargaining power between employers and employees.
C. Poor management.
D. Class divisions.
C. Poor management.
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The Securities and Exchange Commission recognizes the affirmative responsibility of officers and directors under federal securities laws to ensure the accuracy and completeness of public company filings with the SEC
a. True b. False Indicate whether the statement is true or false
Which of the following contracts would not have to be in writing under the old UCC?
a. a contract for the sale of an easement for $450
b. a contract for consulting services for $10,000 over the next 90 days
c. a three-year advertising contract
d. a contract for the sale of furniture for $700
e. All of the above must be in writing.
Your company's greatest need is to employ salespeople who will be responsible for selling the firm's products to new customers and increasing sales to present customers. For this reason, you recommend that the company hire which type of salesperson?
A. Order taker B. Missionary C. Trade D. Order getter E. Technical
Answer the following statements true (T) or false (F)
1. Short-term financial management is concerned with management of a firm's current assets and current liabilities to achieve a balance between profitability and risk. 2. Firms are able to reduce financing costs or increase the funds available for expansion by maximizing the amount of funds tied up in working capital. 3. On average in recent years, U.S. firms have been increasing their cash balances relative to total assets. 4. Working capital refers to a firm's long-term capital. 5. The more predictable a firm's cash inflows, the more net working capital it will need.