You Are the Leader of a Labor Union on Strike

question 173

Multiple Choice

You are the leader of a labor union on strike against management. The conflict has escalated, and there is anger and mistrust on both sides of the conflict. Management is about to declare bankruptcy and union strike benefits are running low. You want to resolve the conflict as quickly as possible and reach an agreement that both sides will accept as binding. What should you do?

• A) hire a mediator
• B) use a tit-for-tat strategy
• C) accept a process loss
• D) push for a quid pro quo solution

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Definitions:

Return On Total Assets

A financial ratio that measures a company's efficiency in using its assets to generate profit, calculated by dividing net income by total assets.