Answer the following statements true (T) or false (F)

1. Enforcement of China's collective bargaining and dispute resolution laws has been weak and
inconsistent across locations.
2. China's ACFTU, the world's largest union, provides strong advocacy for Chinese workers'
immediate labor conditions.
3. The U.S. emphasis on exclusive representation and majority support is often imitated outside
of North America.
4. The U.S. labor relations concepts of exclusive representation and majority support for union
representation are concepts that have been adopted by many other countries outside the U.S.
5. Labor unions outside the U.S. tend to be more closely aligned with a particular political party,
sometimes referred to as the Labor Party.


1. TRUE
2. FALSE
3. FALSE
4. FALSE
5. TRUE

Business

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Limited liability and indefinite business life are characteristics of a corporation.

Answer the following statement true (T) or false (F)

Business

Manufacturing rationalization is

A. the allocation of scarce resources. B. the concentration of production at one site to get economies of scale. C. the division of production among several subsidiaries so that each produces only a limited number of components for all subsidiaries. D. the production by a subsidiary for its own national market.

Business

The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Summary account that should be closed to Retained earnings?   Retained earnings$112,000Dividends 32,000Fees earned 187,000Depreciation Expense?Equipment 12,000Wages expense 71,400Interest expense 3,300Insurance expense 11,700Rent expense 24,200

A. $43,000. B. $42,400. C. $80,000. D. $64,400. E. $32,400.

Business

In which of the following types of appraisals does a supervisor list the employees in a group and then rank them?

A. 360-degree feedback approach B. Work-standards approach C. Forced-choice approach D. Paired-comparison approach

Business