Linda, a labor relations specialist, wants each side to leave the negotiating table well satisfied. Linda is best advised to use which style of conflict management?
A) competitive
B) collaborative (win-win)
C) accommodative
D) sharing
Answer: B
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Which of the following is a form of trade protectionism?
A. A trade bloc B. A countertrade C. A revenue tariff D. An embargo E. Outsourcing
A store that sells books, magazines, and newspapers has an average inventory of $15,000 at cost. Its cost of goods for the previous year was $62,000, and its net profit was $9,000. Calculate the retailer's inventory turnover.
A. 14.5 B. 6.89 C. 4.13 D. 1.67 E. 2.14
For every unit that a company produces and sells above the breakeven point, its profitability is improved (ignoring taxes) by the unit's
a. gross margin. b. selling price minus fixed cost. c. variable cost. d. contribution margin.
Give a specific example of putting followers first.
What will be an ideal response?