This is a labor union by definition
Final answer:
A labor union negotiates for better pay and working conditions on behalf of its members, often using collective bargaining and strikes. It tries to balance the power between workers and employers and secure favorable terms such as higher wages and safe work environments.
Explanation:
The correct answer to your question is a labor union. A labor union is an organization of workers that negotiates with employers for better pay and working conditions, operating like a monopoly in the labor market. This negotiation process is often referred to as collective bargaining. Labor unions aim to equalize the balance of power between workers and employers by bringing workers together as a collective entity, rather than individuals dealing with employers separately.
When unions represent workers, they may employ various strategies, including the organization of strikes, to strengthen their position in securing favorable outcomes for their members. The primary work of a union is to negotiate aspects such as wages, work rules, complaint procedures, promotions, benefits, and workplace safety with company management.
In the United States, union workers often receive higher compensation than non-union workers with similar education and experience. However, union membership in the U.S. has seen a decline for various reasons, including the shift in jobs to service industries and increasing global competition.
The global capital market limits the opportunity for businesses and individuals to build a diverse financial portfolio.
a. True
b. False
this statement is false
Is it possible for a firm to have positive net income and yet to have cash flow problems?
Yes, this can occur when a firm is growing very rapidly.
Yes, it is possible, most if not many fortune 500 companys have positive net income but deal with money problems
_____ is often the approach of choice in markets with insufficient or underdeveloped distribution systems. direct marketing a big wholesale store internet selling a discount house television advertising
Direct marketing because makes up for the underdeveloped distubution systems
Because investors can eliminate unsystematic risk "for free" by diversifying their portfolios, they ________.
a. do not require a credit spread
b. are indifferent about credit spread and risk premium
c. require a risk premium for bearing it
d. do not require a risk premium for bearing it
D. do not require a risk premium for bearing it
utilizing the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketing
Direct marketing tactic.
Direct marketing is a method used by companies that directly targets the potential customers they want to reach through things like direct mail, text advertisements, custom ads on social media, email marketing, and direct selling.
A direct marketing tactic utilizes the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketing. A direct marketing tactic is a form of directly getting your advertisement/information to a potential consumer. Phone calls, text messages, emails, online ads, brochures and more are all direct marketing tactics to reach customers. By marketing directly to them, there is a greater chance of them seeing and considering the product/service.
In a vertical integration move, a supplier organization has been acquired. this will necessitate a change in business processes due to ___________.
a. process ineffectiveness
b. a change in business fundamentals
c. process quality
d. technology changes
e. process inefficiency
b. a change in business fundamentals
A(n) ________ is a brand that is developed by a national brand vendor, often in conjunction with a retailer, and is sold exclusively by the retailer.
This is known as an exclusive brand, because the retailer is the only company that has access to selling it.
Glubert corp., an adhesive manufacturing company, makes a deal with an insurance company to provide its employees with life insurances that come with low monthly premiums. in the context of maslow's hierarchy of needs theory, the company is fulfilling the _____ needs of its employees.
Safety, insurance is a form of safety.
One of juran's ten steps to quality improvement states that:
a. an organization should minimize top management involvement in the achievement of individual employee goals.
b. an organization should build awareness of the need and opportunity for improvement.
c. an organization should entrust improvement to individual employees rather than appointing teams or facilitators.
d. an organization should avoid "keeping score" in order to achieve an overall atmosphere of quality improvement.
Answer:
an organization should build awareness of the need and opportunity for improvement.
Explanation:
Juran’s 10 steps to quality improvement are:
Build awareness of opportunity to improve.
Set-goals for improvement.
Organize to reach goals.
Provide training
Carryout projects to solve problems.
Report progress.
Give recognition.
Communicate results.
Keep score.
Maintain momentum by making annual improvement part of the regular systems and processes of the company
The blackwell group is unable to obtain financing for any new projects under any circumstances. which term best applies to this situation? contingency planning soft rationing hard rationing sensitivity analysis scenario analysis
Tooo hardddd for meeeee
When buying groceries, many shoppers prefer certain products simply because they have a familiar brand name. this preference best illustrates the importance of the _____?
the mere exposure effect
Hector puts $150 into an account when the interest rate is 4 percent. later he checks his balance and finds he has about $168.73. how long did hector wait to check his balance?
Final answer:
Hector waited approximately 2.935 years for his bank balance to increase from $150 to $168.73 at an annual interest rate of 4% when compounded annually.
Explanation:
To determine how long Hector needed to wait for his balance to increase from $150 to $168.73 with an annual interest rate of 4%, we will use the formula for compound interest which is A = P(1 + r/n)(nt), where:
A is the amount of money accumulated after n years, including interest.
P is the principal amount.
r is the annual interest rate (decimal).
n is the number of times that interest is compounded per year.
t is the time the money is invested for in years.
Since the compounding frequency is not mentioned, we'll assume it is compounded once a year (n=1). We need to solve for t given:
P = $150
r = 0.04 (4% written in decimal form)
A = $168.73
The equation thus becomes $168.73 = $150(1 + 0.04)t.
To solve for t, we will first divide both sides of the equation by $150 to isolate the growth factor:
$168.73 / $150 = (1 + 0.04)t
Now solving for t, we'll use logarithms:
t = log(168.73/150) / log(1.04)
Using a calculator to find the value of t gives:
t ≈ 2.935
Therefore, Hector waited approximately 2.935 years to check his balance.
Fiona is a manager at tune in solutions. as a leader, she has complete authority to recruit and lay off employees. she also has the authority to reward or punish employees depending on their performance. this scenario illustrates that fiona has a hig
Answer:
The answer is position power.
Explanation:
Position power refers to a type of power that an individual attains through occupying certain organizational positions or ranks. It is clear from the description in the question that Fiona’s manager position allows her to have the power to recruit, fire, reward, and punish her team members.
Teams are task groups that have matured to the _____ stage.A. formingB. stormingC. normingD. performingE. adjourning
The answer to this is D, Performing.
To create a(n) _ you need to estimate your income and expenses for a started period.
The correct answer is budget.
If you are creating a personal budget you need to estimate how much your income and expenses will be for a period. This will allow you to make smart financial decisions and hopefully save for things that you need and/or want.
Please Help... Which of the following careers is the most highly resistant to economic change?
Barber/ Hairstylist
Machine Designer
Computer Technician
Photographer
Answer:
computer technicians
Explanation:
Of these four careers, the career of a computer technician is the most highly resistant to economic change. In a weak economy, people may cut their own hair, skip the yearly family photo shoot, or stop building new machines. However, computers are an important part of nearly every business, and they will continue to need professional repairs no matter what the economic condition.
The correct option is C. Computer Technician is the career is the most highly resistant to economic change because due to many reasons such are Skills deficits. Cybersecurity, electronic transformation, Utilizing the cloud, Hiring, budgeting, and leadership assistance.
What is a technology in Economics?For economics, technology is anything that enables us to manufacture goods more quickly, efficiently, or affordably. It's likely that when you think about technology, physical objects like large equipment or powerful computers come to mind. However, when economists discuss technology, they tend to think more generally about novel approaches to problems.
Technology is regarded as the primary engine of economic growth for nations, regions, and cities in the field of economics. Prosperity depends on more and better goods and services being produced more effectively, which is made possible by technological advancement.
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What are the four levels of information systems scope?
a. personal, workgroup, corporate, enterprise
b. small, medium, large, extra-large
c. personal, workgroup, enterprise, industry
d. collaboration, workgroup, enterprise, inter-enterprise
e. personal, workgroup, enterprise, inter-enterprise?
e. personal, workgroup, enterprise, inter-enterprise
The four levels of information systems scope are personal, workgroup, enterprise, and inter-enterprise, which represent different scopes within an organizational context that grow in complexity and breadth.
The four levels of information systems scope are essential in understanding how data and processes are structured and operated within different contexts or environments. The correct option from the given choices is 'e.
personal, workgroup, enterprise, inter-enterprise'. Each level represents a distinct scope with increasing complexity and a broader reach. The personal level is about individual use, focusing on a single user's needs and tasks. The workgroup scope involves collaboration among a number of users, typically within the same department or project team. Moving up the hierarchy, the enterprise level deals with the entire organization, where systems integrate processes across various workgroups and departments. Finally, the inter-enterprise level extends beyond a single organization, involving multiple entities that might be part of a supply chain or a business ecosystem, requiring coordination and information sharing between independent organizations. Understanding these levels helps to strategically plan and manage IT resources and initiatives in alignment with the goals at each level.
Clark corporation has an average collection period of 7 days, an inventory conversion period of 30 days, and a payables deferrable period of 60 days. what is clark's cash conversion cycle?
Clark's cash conversion cycle is 37 days.
"when the number of units produced exceeds the number of units sold, net income under absorption costing will be:"
Answer:
The answer is that the net income under absorption costing would be higher than the net income under variable costing.
Explanation:
Absorption costing and variable costing are terms used in accounting contexts. Absorption costing, also known as full costing, incurs overhead costs when the product is sold; not before it. Variable costing, also referred to as direct costing, would include overhead costs during the period the costs occurred. In this condition, net income would be higher using absorption since overhead costs would not be included until the product is sold.
What are 6 major forms of direct marketing?
Internet marketing
direct mail
catalogs
telemarketing
face to face
direct- response marketing
When estee lauder set up a web site to sell its clinique and bobbi brown brands, dayton hudson reduced space for estee lauder products in its department stores in response to the __________________________?
Multichanel conflict, which happens when a manufacturer offers their products in different channels that compete with each other.
Dayton Hudson reduced space for Estee Lauder products in its department stores in response to Estee Lauder's move to sell its Clinique and Bobbi Brown brands online, highlighting the competitive threat posed by digital transformation in the retail industry.
Explanation:When Estee Lauder decided to launch a website to sell its Clinique and Bobbi Brown brands directly to consumers, Dayton Hudson responded by reducing space for Estee Lauder products in its department stores. This reaction was in response to the perceived threat of competition from Estee Lauder's online sales channel.
By going online, Estee Lauder not only expanded its sales reach but also directly competed with department stores like Dayton Hudson, which traditionally relied on exclusive access to such premium brands to attract customers. This situation highlights the impact of digital transformation in the retail industry, where traditional retailers have to adapt their strategies due to the increasing prominence of e-commerce platforms.
After shopping in the same store for nearly two hours, chelsea goes to burger king for a whopper, while cynthia goes to the optical shop to see if her contacts are ready. they engage in these activities without leaving the store in which they have been shopping. they are most likely in a
This is an example of a hypermarket
A life insurance salesperson who takes advantage of the foot-in-the-door phenomenon would be most likely to
a. emphasize that his company is one of the largest in the insurance industry
b. promise a free gift to those who agree to purchase an insurance policy
c. ask customers to respond to a brief survey of their attitudes regarding life insurance.
d. address customers by their first names.
e. meet potential customers customers by paying them an unexpected visit at their homes
C. Ask customers to respond to a brief survey of their attitudes regarding insurance.
The "foot in the door" phenomenon is the tendency for people to agree to a large request if they have already previously agreed to a smaller/easier request. In this case, because the salesman has already convinced the customer to sit down and talk to him, they will be more likely to agree to do more by taking the survey.
A life insurance salesperson leveraging the foot-in-the-door phenomenon would likely start by asking customers to complete a brief survey on life insurance. This initial small request paves the way for accepting larger requests, such as purchasing an insurance policy.
Explanation:A life insurance salesperson who wants to take advantage of the foot-in-the-door phenomenon would most likely ask customers to respond to a brief survey of their attitudes regarding life insurance. This strategy involves getting someone to agree to a small initial request (completing a brief survey) that creates a point of agreement and opens the door to larger requests (buying an insurance policy).
The foot-in-the-door technique is based on the theory that if a person complies with a small initial request, they are more likely to subsequently comply with a larger request. In this case, the initial small request may be to fill out a survey about life insurance, and the larger request would be to purchase a policy.
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A researcher for procter & gamble selects five states randomly, and then selects 10 supermarket chains within each of these states to call for a phone survey for a test market of a new shampoo. which type of sampling procedure is being used?
Some products that have entered the decline stage have been cycled back to the growth stage through ________.
strong promotion or repositioning.
Examples of items deducted to determine an employee's net pay are
a. federal income tax witholding.
b. all of these choices are correct.
c. union dues.
d. retirement savings deductions.
All of these are correct. Each can be deducted to determine net pay.
_____ occurs when a person attempts to decide whether something is true, false, occasionally true, or even somewhat true. Confusion Mistrust Critical thinking None of the above
Critical thinking.
When using critical thinking, you must analyse different sources of information together to make a conclusion rather than just taking one source at face value.
Answer:
critical thinking
Explanation:
The following advantages:unlimited life,ease of transfer and limited liability apply to
The correct answer is a corporation.
These three characteristics all refer to a corporation. It is for these reasons that many people chose to set their business up as a corporation instead of a proprietorship or partnership.
Molly finn filed a voluntary petition in bankruptcy. she provided a list of creditors and debts to the courts as required. however, ann sawyer was unintentionally left out of the list of creditors and debts. the creditors held their first meeting on march 5. it is now may 31 and sawyer has just learned of the bankruptcy of finn. will she be able to share in the distribution from the estate?
Answer: Sawyer can file a proof of claim, but it must be allowed by the court.
Explanation:
You present strong arguments to college students to support your claim that tuition and fees at state colleges are too high. you strongly encourage audience members to make a trip to the state capital and petition legislators to lower tuition rates. however, it is unlikely that many audience members, if any, will follow your suggestion because:
The answer to the question is because the effort to visit the legislators are too great.
Unfortunately, even though the audience members support your perspective, often times, people are reluctant to follow through on the actions needed to make the change. This is a common issue found in various parts of society – from your work life to your personal relationships.