Owen,a 40-Year-Old Man,is a Machine Operator in a Company

question 85

Multiple Choice

Owen,a 40-year-old man,is a machine operator in a company.He demands a hike in salary and better working conditions.However,the management rejects his pleas.He requests the workers' union to talk on his behalf,and the union strikes a deal with the management.Which of the following methods of communication is used by Owen in this scenario?

• A)bargaining
• B)competition
• C)arbitration
• D)mediation

Comprehend the advantages and disadvantages of longitudinal research designs.

Analyze research methods in psychology to understand their application and limitations.

Understand the principles and applications of various training techniques and programs.

Grasp the concept of emotional intelligence and its significance in the workplace.

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Definitions:

Cash on Hand

The amount of cash a company or individual has accessible for immediate use, which might be in the form of currency or liquid assets.

Current Assets

Short-term assets including cash, inventory, and receivables that are anticipated to be used or liquidated within one business cycle.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Current Obligations

Short-term financial liabilities or debts that are due within one year or within the normal operating cycle of a business.