You Are the HR Manager at a Firm That Is

question 25

Multiple Choice

You are the HR manager at a firm that is currently dealing with an unfair labor practice strike.Which of the following responses would be LEAST appropriate for you to take?

• A) shutting down the affected area until the strike ends
• B) contracting out work to other operations
• C) continuing operations with supervisors filling in
• D) hiring permanent replacement workers

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Definitions:

Equilibrium Price

The price point at which the supply of an item matches the demand for it, resulting in a stable market situation without excess or shortage.

Equilibrium Quantity

The quantity of a good or service at which supply equals demand, resulting in no net surplus or shortage in the market.

Ironing Boards

Flat, foldable boards used as a stable surface for ironing clothes and linens.

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at a particular price level, reaching a state of market balance.