Small Savers Prefer to Use Financial Intermediaries Rather Than Make

question 78

Multiple Choice

Small savers prefer to use financial intermediaries rather than make loans to borrowers directly because

• A)savers prefer to share risk.
• B)financial intermediaries offer higher interest rates than could be obtained directly from borrowers.
• C)savers reduce their tax liability by doing so.
• D)borrowers dislike dealing with small savers.

Assess the efficacy of conflict reduction techniques like administrative orbiting and secrecy.

Identify and articulate personal factors leading to conflicts within organizations.

Recognize the characteristics of different conflict management styles, including their levels of assertiveness and cooperativeness.

Understand the principles of merit pay and how it differentiates between employee performance levels.

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Definitions:

Organizing Model

A strategy used by labor unions that focuses on grassroots mobilization and empowering workers to advocate for their own rights and interests.

Union Representation

The act of labor unions representing workers in negotiations with employers regarding wages, working conditions, and other employment terms.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a federation of unions that collectively represent more than 12 million workers in the United States.

Federation

An organization formed by grouping together several smaller bodies, such as unions or associations, that retain their individual identities but work together for common goals.