Becoming So Responsive to Employees' Needs That There Is No

question 30

Multiple Choice

Becoming so responsive to employees' needs that there is no incentive for unionization is associated with which approach to labour relations?

• A)positive labour relations
• B)union substitution
• C)union suppression
• D)union acceptance
• E)union avoidance

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Definitions:

Cash Conversion Cycle

A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Payables Deferral Period

The amount of time a company takes to pay off its suppliers after receiving goods or services, affecting its cash flow.

Daily Sales

The total revenue or amount of goods and services sold by a business within a single day.

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures needed to maintain or expand the asset base.