Matching -_______________Is a Formal Process That Negotiates an Agreement That Is

question 31

Multiple Choice

Matching
-_______________is a formal process that negotiates an agreement that is binding, which means it has to be respected by both parties.

• A) Collective bargaining
• B) Bargaining unit
• C) Arbitration
• D) Alternative dispute resolution
• E) Labor unions
• F) Hospitals
• G) Managed care models
• H) Independent judgment
• I) National Labor Relations Act (Wagner Act)
• J) Taft-Hartley Act

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Definitions:

Business Models

Schematic representations of how a company creates, delivers, and captures value for itself and its customers.

Blackberry

Originally, a line of smartphones and services designed and marketed by Canadian company BlackBerry Limited.

Kodak

A technology company that historically dominated the photographic film industry but struggled to adapt to the digital photography revolution.

Diversified Market

A market strategy that involves a company extending its reach into several different lines of business in an effort to reduce risk.