Scenario 11.1 Multinational, Inc. Has Recently Closed a Number of Plants in Plants

question 3

Multiple Choice

Scenario 11.1
Multinational, Inc. has recently closed a number of plants in the United States and is planning to move the work of those plants to facilities in developing countries in the Pacific Rim. The employees of Multinational, Inc. have never been unionized. Zachary Bowman thinks it would be a good idea for him and his fellow employees to unionize.
-Refer to Scenario 11.1. What is the first step that Mr. Bowman should take to begin the unionization process?

• A) Hold a secret ballot election.
• B) Ask the National Labor Relations Board to hold a certification election.
• C) Call in a union organizer to stimulate interest in unionization.
• D) Call for a boycott of Multinational's goods until the employer unionizes the workers.
• E) Ask for an arbitrator to decide the issue of unionization.

Understand the objectives of holding marketable securities and their role in liquidity management.

Acknowledge the influence of credit sales terms, including discounts and collection periods, on firm's credit management efficiency.

Identify the purpose and effects of different cash management strategies on a firm's net float.

Assess the impact of inventory management decisions on total inventory costs and how safety stocks influence these costs.

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Definitions:

Artificial Cloth Mother

A research apparatus used in attachment studies, designed to simulate the warmth and comfort a baby monkey receives from its mother.

Harlows' Infant Monkeys

Harlows' infant monkeys refer to a series of psychological experiments conducted by Harry Harlow, which demonstrated the importance of emotional and physical comfort in the early development of rhesus monkeys.

Autism Spectrum Disorder

A range of neurodevelopmental conditions characterized by challenges with social interaction, communication, and restricted, repetitive behaviors.

Emotion-Conveying Faces

Facial expressions that communicate emotions, often studied to understand emotional recognition and social interactions.