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A fairly common aspect of unions throughout the world is that they tend to contribute to a very adversarial and stormy industrial relations climate characterized by frequent work stoppages, strikes, and even violence.
Subjective Approach
An approach to making decisions or assessments that relies on individual preferences, emotions, or thoughts, instead of objective data or proof.
WACC
Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted, representing the average cost of funding from all sources.
Pure Play
A company that focuses on a specific industry or product segment without diversification into other areas.
Capital Structure
The combination of borrowing and ownership funds that a business employs to finance its activities and expansion.
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