Hyper-Tech Enterprises Manufactures Mechanical Parts Used in Air Conditioning and Heating

question 15

Multiple Choice

Hyper-Tech Enterprises manufactures mechanical parts used in air conditioning and heating units. The company employs over 300 workers at its Alabama facility. None of the Hyper-Tech employees belong to a union; however, management believes that unionization is in the near future. A representative of a local union has recently visited Hyper-Tech in an attempt to solicit members and have them sign authorization cards. Enough eligible employees have signed authorization cards to petition the NLRB for an election. Hyper-Tech's top executives are considering fighting the unionization efforts. Which of the following questions is LEAST relevant to the decision by Hyper-Tech to fight unionization efforts?

• A) How many Hyper-Tech employees were hired within the last year?
• B) What percentage of Hyper-Tech employees signed authorization cards?
• C) Does Hyper-Tech qualify for coverage by the National Labor Relations Board?
• D) What is the opinion of Hyper-Tech's shareholders and creditors regarding unionization?

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Definitions:

Annual Discount Rate

The rate used to discount future cash flows to their present value on an annual basis.

Receiving Today

The concept of obtaining or expecting to obtain a certain amount or value in the present time.

Cash Flows

Refers to the net amount of cash and cash-equivalents being transferred into and out of a business.

Discounted Value

Discounted value is the present value of a future amount of money or stream of cash flows given a specified rate of return, reflecting the time value of money.