Before the Union Calls, Managers Should

question 26

Multiple Choice

Before the union calls, managers should:

• A) Minimize the use of performance records.
• B) Establish clear-cut lines of two-way communication with all employees.
• C) Reduce employee benefits.
• D) All of the above.

Distinguish between various social psychological theories related to aggression, attraction, and persuasion.

Understand the principles behind conflict resolution strategies such as GRIT.

Recognize the impact of perceptions and misperceptions in intergroup conflicts.

Understand the role of equity, social exchange, and reciprocity norms in relationships.

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Definitions:

SEC Rule 504

SEC Rule 504 of Regulation D allows certain small businesses to offer and sell up to $5 million of their securities in any 12-month period without having to register the securities with the SEC.

Federal Securities Regulation

Federal securities regulation consists of U.S. laws and rules that regulate the creation, registration, purchase, and sale of securities, aimed at protecting investors and ensuring market integrity.

Interstate Commerce

Refers to trade, traffic, or transportation involving the movement of goods, services, money, or persons from one state to another, regulated by the federal government.

Rule 10b-5

A regulation under the Securities Exchange Act of 1934, which prohibits deceit, misrepresentations, and fraud in connection with the purchase or sale of securities.