Match: A.bootstrapping

question 9

Essay

Match:
a.bootstrapping
b.entrepreneur
c.entrepreneurial legacy
d.entrepreneurial team
e.franchisee
f.gazelle
g.lifestyle business
h.mentor
i.microloans
j.paradigm shift
k.small business
l.technician personality
-A business with growth potential that is small compared to large companies in an industry,has geographically localized operations,and is financed by only a few individuals

Comprehend the impact of worker beliefs on unionization and the importance of collective bargaining.

Identify who is excluded from NLRA protection and the implications for these employees.

Analyze the effects of potential legislative changes on union organizing and employer practices.

Understand the determinants and principles of defining bargaining units.

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Definitions:

Purely Competitive

A market structure characterized by many buyers and sellers, homogeneous products, and free market entry and exit, leading to price taking by firms.

Purely Competitive

A rephrasing of "Pure Competition," indicating a market structure with many participants, no barriers to entry, and a standard product.

Optimal Allocation

The most efficient distribution of resources in a manner that maximizes the net benefit received from their use.

Scarce Resources

Natural or economic resources that are limited in supply compared to the demand for them.