Examlex
Alasco Inc.'s fixed operating costs are $20.8 million and its variable cost ratio is 0.30. The firm has $10 million in bonds outstanding with a coupon interest rate of 9%. Revenues are $32.2 million. Compute Alasco's degree of total leverage (DTL).
BATNA/MLATNA
Best Alternative To a Negotiated Agreement / Most Likely Alternative To a Negotiated Agreement; concepts in negotiation that define the most advantageous alternative action a party can take if negotiations fail.
Bargain
To negotiate the terms of an agreement or contract, often in the context of labor unions negotiating employment conditions with employers.
Bad Faith Bargaining
The practice of negotiating without the intention to reach an agreement, often violating trust and fairness in collective bargaining processes.
Industrywide Bargaining
Negotiation processes that occur at the industry level, involving multiple employers and a labor union, to set standard wages and conditions across an entire industry.
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