Companies Should License If

question 8

Multiple Choice

Companies should license if

• A)They want to control all aspects of operation.
• B)Their product is older or a soon-to-be replaced technology.
• C)They have the necessary resources to export or invest directly.
• D)There are no tariffs or quotas.

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Definitions:

Grievances

Complaints or disputes brought forward by employees or groups of employees regarding violation of their rights, unfair treatment, or unsatisfactory working conditions.

Duty of Fair Representation

A legal principle that requires labor unions to represent all members fairly, without bias or discrimination, in grievance and negotiation processes.

Grievance

A complaint or formal notice of dissatisfaction, usually from an employee towards an employer, regarding some aspect of employment.

Arbitration

A form of alternative dispute resolution where a neutral third party, known as an arbitrator, makes a decision to resolve a dispute outside of court.