With collective bargaining, the employer's __________________ authority is replaced with bilateral negotiations.
Fill in the blank(s) with the appropriate word(s).
Unilateral
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The fixed overhead efficiency variance is most useful in evaluating plant utilization
Indicate whether the statement is true or false
Fixit Co, a four-person business, employs Wesley as a full-time mechanic. One day while welding a frame modification on a sports car, Wesley paid no attention to a clearly visible oil leak dripping from the engine compartment of the car. The welding torch ignited the oil, causing a fire in which Wesley was badly burned. Which of the following BEST describes the rights of the parties?
a. Fixit is probably liable to Wesley under a workers' compensation statute despite the fact Wesley may have been contributorily negligent when he ignored the oil leak. b. Wesley cannot recover workers' compensation since federal law requires that an employer have at least 25 employees before he must provide workers' compensation benefits. c. Fixit is not liable to pay Wesley workers' compensation since Wesley fell below a recognized standard of care by auto mechanics. d. Wesley cannot recover workers' compensation benefits, but can sue Fixit for failing to provide a safe working environment.
The idea that companies make gifts that might not have a direct or immediate benefit to the bottom line, but that generally help maintain a healthy society in which to do business is called
a. marketing b. enlightened self-interest c. cause-related marketing d. advocacy e. market failure
If the span of a moving average is large – say, 12 months – then few observations go into each average, and extreme values have relatively large effect on the forecasts
a. True b. False Indicate whether the statement is true or false