________ Is a Union Avoidance Strategy in Which Management Becomes

question 110

Short Answer

________ is a union avoidance strategy in which management becomes so responsive to employees' needs that it removes the incentives for unionization.

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Definitions:

External Financing Needed

The amount of funding a company must seek from outside sources to finance its planned activities when internal cash flow is insufficient.

Profit Margin

This financial ratio measures the amount of net income earned with each dollar of sales by comparing net income to net sales.

Full-capacity Sales

The maximum sales level a company can achieve with its current operational assets without additional investment.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, purchased for operational use and not expected to be converted into cash in the short term.