_____________ Arises from the Parties' Inability to Negotiate a Labor

question 35

Multiple Choice

_____________ arises from the parties' inability to negotiate a labor agreement successfully and refers the unresolved issues to an outside neutral who conducts a hearing to receive evidence and then makes a final and binding decision within the parties' proposals.

• A) Fact finding
• B) Grievance arbitration
• C) Interest (contract arbitration)
• D) Med-Arb
• E) Grievance mediation

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Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services produced over a short period.

Operating Cash Flow

A measure of the amount of cash generated by a company's normal business operations, indicating whether a company can generate sufficient positive cash flow to maintain and grow its operations.

DOL

Degree of Operating Leverage, which measures a company's sensitivity of operational income to its sales levels, indicating the proportion of fixed versus variable costs.

Accounting Break-Even

The point at which total revenues equal total expenses, resulting in neither profit nor loss.