The Union and Management Could Not Agree on Two Major

question 38

Multiple Choice

The union and management could not agree on two major issues related to overtime and work schedules, therefore an outside party has been called in to facilitate discussions. This is an example of a/an:

• A) interest based bargaining.
• B) distributive bargaining.
• C) integrative bargaining.
• D) impasse.
• E) grievance.

---

Definitions:

Dollar Amount

The numerical monetary value or total assigned to a transaction, account, or asset.

Inventory Turnover Ratio

A measure of how efficiently a company turns its inventory into sales by comparing cost of goods sold to average inventory for a period.

Inventories

Inventories are the goods and materials a business holds for the purpose of resale or production in the ordinary course of business.

Cost of Goods Sold

The total cost directly involved in manufacturing or acquiring the products sold by a company during a particular period.