If, While Engaged in a Contract Negotiation, a Union Representative

question 2

Multiple Choice

If, while engaged in a contract negotiation, a union representative were to ask management to use only union-made component parts and materials, it would be an example of a(n) _____ issue.

• A) lose-lose
• B) zero-sum
• C) prohibited
• D) make-or-break
• E) win-lose

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Definitions:

Carrying Value

The recorded cost of an asset in a company's books, less any accumulated depreciation or amortization.

Face Value

The nominal value printed on a financial instrument, such as a bond or stock certificate, representing its worth as stated by the issuer.

Bond Interest Paid

The amount paid by the issuer of a bond as interest to the bondholders, usually expressed as a fixed percentage of the principal.

Discount

A reduction from the usual cost of something or the act of lowering the price.