The act of negotiating contract terms between an employer and the members of a union is known as ________
A) mediation
B) arbitration
C) collective bargaining
D) enterprise bargaining
C
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Answer the following statements true (T) or false (F)
1) An outsourcing decision is a choice made by management about whether to make a component internally or buy it from an outside source. 2) A company should process its product further if the additional revenue from further processing exceeds the additional cost of further processing. 3) A company should process its product further if the additional processing generates higher sales revenues. 4) Airbolt Avionics makes aircraft instrumentation. Their basic navigation radio requires $140 in variable costs and requires $4,000 per month in fixed costs. If it processes the radio further to enhance its functionality, it will require an additional $20 per unit of variable costs and $300 per month in fixed costs. The marketing manager believes the sales price of the radio can be increased from $250 to $290. In making this decision, the amount of additional fixed costs per month is a relevant cost. 5) An operational asset used for a long period of time is known as a capital asset.
The accounting system uses a device called an account. An account
a. is created each time a transaction takes place. b. accumulates the increases and decreases that occur during the period for a single item. c. is created only for income statement items. d. is created only for balance sheet items. e. is created only for statement of cash flows items.
A technique for preparing an effective sales messages is
a. presenting all the supporting evidence that is available. b. making the requested action clear and simple. c. avoiding the use of money-back guarantees that suggest the product may not be satisfactory. d. requiring immediate response from the receiver.
How long could Table 11-5's activity E be delayed without delaying the completion of the project?
A) 7 B) 16 C) 11 D) 18 E) None of the above