Featherbedding Refers to

question 66

Multiple Choice

Featherbedding refers to

• A) a situation in which a union forces an employer to hire union workers in preference to nonunion workers.
• B) the requirement that unneeded workers be retained on a job.
• C) the refusal by one union to handle or transport goods produced by workers in another union.
• D) disputes among two or more unions as to which will perform certain jobs.

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Definitions:

Discontinue Product

The decision to stop producing and selling a specific product due to factors like poor sales, obsolescence, or strategic realignment.

Net Operating Income

This refers to a company's income after operating expenses are deducted, but before interest and taxes are subtracted.

Grinding Minutes

The amount of time spent on grinding operations in the manufacturing process, often used as a measure of labor or machine use.

Variable Manufacturing Overhead

Costs in manufacturing that vary with operational output, such as indirect materials, utilities, and other expenses that increase with production volume.