You've Been on Your Lunch Break for Less Than 45

question 252

Multiple Choice

You've been on your lunch break for less than 45 minutes when your boss orders you to return to work immediately or be docked an hour's pay. You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left. Your boss stands firm on his order for you to return to work. Under protest, you return to work, but plan to file a grievance. The first step you should take is to contact a(n) :

• A) arbitrator.
• B) mediator.
• C) strikebreaker.
• D) shop steward.

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Definitions:

Committed Cost

Expenses that a company has already made or obliged itself to make in the future, often fixed and not easily changed.

Minimizing Loss

The strategy or process of taking actions to reduce the amount of money or resources being wasted or lost, especially in business or economic activities.

Efficient Scale

The level of production that minimizes the average total cost of producing a product or service.

Long-Run Equilibrium

A state in which all firms in a market are making zero economic profit, leading to a situation where no firms enter or exit the industry.