Home Products,Inc

question 132

Multiple Choice

Home Products,Inc.,is planning the introduction of a new food dryer.To compete effectively,the dryer would have to be priced at no more than $40 per unit.An investment of $600,000 would have to be made in order to produce and sell the new dryer.The company requires a return on investment of at least 25% on new products.Assuming that the company expects to produce and sell 30,000 dryers per year,the target cost per dryer would be closest to:

• A) $18.00
• B) $35.00
• C) $20.00
• D) $24.67

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Definitions:

NLRA

The National Labor Relations Act, a foundational statute in United States labor law that protects the rights of employees to organize, engage in collective bargaining, and participate in concerted activities for mutual aid or protection.

NLRA

The National Labor Relations Act of 1935, a foundational statute in United States labor law which guarantees the right of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action.

Solidarity Unionism

A model of labor organizing based on mutual support and direct action among workers, without formal union structures or bureaucratic involvement.

Bargaining Power

The capacity of one party to influence the outcome of negotiations by virtue of its strength, strategies, or position relative to the other party.