Which of the following is true of local unions?
A. Administration of the contract is beyond the powers of a local union.
B. The bulk of day-to-day interaction between labor and management takes place at the local union level.
C. In a craft-oriented union, the local corresponds to a single large facility or to a number of small facilities.
D. Negotiations involved in collective bargaining are not handled at the local union level.
E. The local of an industrial-based union typically covers a city or a region.
Answer: B
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Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the quick ratio, rounded to one decimal point?
A) 2.2 B) 3.5 C) 3.0 D) 1.6
Typically, which generation was born between the 1980s and 1990s, tends to avoid jobs for life preferring to move around, and are technologically savvy?
a. Generation Y b. Baby Boomers c. Generation X d. Naughties
In evaluating proposed or existing strategies managers should
A. align existing strategies with new strategies to emphasize incremental gains. B. initiate new initiatives even though they don't seem to match the company's internal and external situation. C. ensure core capabilities are incorporated for establishing a competitive advantage. D. evaluate the firm's business model at least every three years. E. scrutinize the company's existing strategies on a regular basis to ensure they offer a good strategic fit, create a competitive advantage, and result in above-average performance.
Elysian Events, a wedding planning company, noted how many couples had a wedding catastrophe of some kind. As a result, it abandoned wedding planning and began offering wedding insurance to protect couples from financial losses due to weather emergencies, stolen wedding rings, damaged wedding dresses, etc. Elysian Events is using a ________ growth strategy.
A. Share building B. Diversification C. Service development D. Market development E. Market integration