Figure 7-2 -According to Michael Porter's Diamond in Figure 7-2, Quadrant "C

question 55

Multiple Choice

Figure 7-2

-According to Michael Porter's diamond in Figure 7-2, quadrant "C" represents

• A)factor conditions.
• B)managerial conditions.
• C)demand conditions.
• D)related and supporting industries.

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Definitions:

NLRB Violations

Illegal actions or practices by employers or labor unions that infringe upon the rules and regulations set forth by the National Labor Relations Board.

Punitive Damages

Financial compensation awarded in lawsuits as a punishment to the defendant for egregious wrongdoing and to deter similar future actions.

Backpay

Compensation awarded to employees for wages they were denied due to unlawful employment practices.

NLRA Coverage

Refers to the scope of businesses and workers protected under the National Labor Relations Act, which governs labor relations in the United States, including rights to organize and collective bargaining.