Answer the following statements true (T) or false (F)
From the perspective of the critical industrial relations school of thought, U.S. unions offer a model that should be imitated by other unions because it holds long term potential for eliminating class divisions.
According to the critical industrial relations school, the most successful labor unions are those that take a very pragmatic, business-like approach to bargaining for better wages, hours and working conditions.
The term "socialist" has been used widely in the mainstream press lately. Socialism describes a movement that would encourage and utilize revolution as a way to replace capitalism with worker control.
The declining unionization rates and increasing income inequality in the U.S. closely exemplifies predictions of the critical industrial relations school of thought.
If you believe that labor cannot be treated like other commodities but that there is no inherent conflict of interest between capital owners and laborers, your beliefs are most consistent with the human resources school of thought.
FALSE
FALSE
FALSE
TRUE
TRUE
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When common stock is issued by a corporation for a cash price above par value, the excess of the cash proceeds over the par value should be reported in the financial statements as a component of
a. retained earnings on the balance sheet. b. total liabilities on the balance sheet. c. operating income on the income statement. d. total contributed capital on the balance sheet.
A pharmaceutical ad features a world-renowned heart surgeon describing the benefits of a medication. Which of the following message execution styles is illustrated in this example?
A) mood or image B) fantasy C) personality symbol D) musical E) testimonial evidence
The rule of necessity:
a. requires that decisions in formal adjudicative hearings be in writing b. requires that decisions in formal adjudicative hearings be in writing and supported by findings and conclusions c. requires that decisions in formal adjudicative hearings be in writing and supported by findings and conclusions as well as reasons and bases for the decision d. none of the above
The law imposes strict liability as a matter of public policy based in part on the assumption that manufacturers can better bear the costs associated with injuries caused by their products
Indicate whether the statement is true or false