To Help Get Unions on Board, Managers Should Try to Create

question 49

Multiple Choice

To help get unions on board, managers should try to create __________ situations in which all stakeholders, including unions, gain from the implementation of high-performance work systems.

• A)up or down
• B)challenging
• C)supportive
• D)win-win

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Definitions:

Acid-test Ratio

A financial metric that measures a company's ability to pay its current liabilities without relying on the sale of its inventories, calculated by dividing liquid assets by current liabilities.

Debt-to-equity Ratio

A ratio indicating the balance between shareholder equity and debt used in the financial structuring of a company's assets.

Receivable Turnover

A financial metric indicating how quickly a company collects payments owed from its customers, often measured over a year.

Inventory Turnover

A financial ratio that measures how frequently a company sells and replaces its inventory over a specific period.