Zack & Marlo Is a Business Conglomerate That Has Subsidiaries

question 35

Multiple Choice

Zack & Marlo is a business conglomerate that has subsidiaries in various countries.Since the country in which it is headquartered does not have fixed policies for child care,the company has framed its own set of policies for employees who want to avail child-care benefits.It allows employees to purchase vouchers for child care and to avail tax benefits on the money they spend on child care.The measures taken by Zack & Marlo are an example of ________.

• A)the provisions under the Head Start program
• B)the collective action for social welfare
• C)the privatization of child care
• D)the interventionist approach to child care

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Definitions:

Bargaining Position

The relative power or leverage that an individual or party has during negotiations, affecting their ability to secure favorable terms.

Nonunion Workers

Employees who are not members of a labor union and therefore may lack certain protections or benefits that unionized workers enjoy.

Strike Fund

A pool of money set aside by labor unions to support workers during a strike, helping to cover lost wages and other expenses.

Best Bargain

Refers to the most advantageous deal available in terms of price, quality, or both, offering exceptional value for the buyer.