Three Unique Characteristics of Japan's Industrial Relations System Are

question 13

Multiple Choice

Three unique characteristics of Japan's industrial relations system are:

• A) appropriate bargaining units, exclusive bargaining agent, industry unions.
• B) exclusive bargaining agent, lifetime employment, industry unions.
• C) enterprise unions, lifetime employment, seniority-based wage system.
• D) lifetime employment, wage system, exclusive bargaining units.
• E) labor-management conflict, lifetime employment, enterprise unions.

Comprehend the role of opinion leaders and influencers in marketing.

Recognize the impact of reference groups on consumer choices.

Learn the basics of buzz marketing and its importance.

Grasp the concept of brand communities and their role in creating brand loyalty.

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Definitions:

General Ledger

A comprehensive set of accounts that records all financial transactions of a business and is used to prepare financial statements.

One Column Purchases Journal

A simplified accounting journal used for recording the total monetary amount of purchases by a business.

Merchandise On Account

Purchasing goods from suppliers on credit, intending to pay at a later date, reflected in accounts payable.

Debits And Credits

The two facets of accounting entries; debits increase assets or decrease liabilities, while credits decrease assets or increase liabilities.