The British labor relations system of voluntarism provides little protection for unionization and instead relies on the relative economic strength of employees to push for their demands and employers to resist their demands. This system is most closely aligned with:
A. Mainstream economic model.
B. Human resource management model.
C. Industrial relations model.
D. Critical industrial relations model.
B. Human resource management model.
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Which of the following is a permanent account?
a. Dividends b. Advertising expense c. Building d. Selling expense e. Insurance expense
The transactional model of communication suggests that:
a. Team members send and receive messages. b. Nonverbal communication is more important than verbal messages. c. Verbal messages are more important than nonverbal communication. d. How messages are communicated does not affect member behavior.
The efficient frontier in a profile model is the set of options that offers a maximum return for a given level of risk or a minimum risk for every level of return
Indicate whether the statement is true or false
It is important to question the reliability of forecasts because
A. the growth new industries, such as that of telecommunications, cannot be predicted. B. uncertainty is black and white, and therefore the gray areas are unimportant. C. if predictions are too low, a company like Motel 6 might build too many units and thus have a surplus of capacity. D. underestimating uncertainty can lead to good competitive strategies.