Industry Averages for Expense Ratios Comparing Expenses to ____ Exist

question 80

Multiple Choice

Industry averages for expense ratios comparing expenses to ____ exist for every size and type of business.

• A) Profits
• B) Assets
• C) Liabilities
• D) Sales

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Definitions:

NLRA

Stands for the National Labor Relations Act, which is legislation enacted in 1935 in the United States to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

Recognition Strikes

Work stoppages by employees aimed at forcing an employer to recognize their union as the official bargaining agent for the workforce.

Employer-Initiated

Actions or policies that are begun or implemented by employers within an organizational or labor context.

Certification Elections

An official process in which employees vote to decide whether they want to be represented by a particular union.