Business Pressures for Competitiveness and Quality Have Affected the Collective

question 70

Multiple Choice

Business pressures for competitiveness and quality have affected the collective bargaining process in all of the following ways except:

• A) Increased the need for flexibility in work rules.
• B) Increased the need for more specific, detailed contracts.
• C) Increased need for cooperation and employee involvement in work decisions.
• D) Increase need to communicate about the terms of a contract more than once every three years when the contract expires.

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Definitions:

Cost Formula

An algorithm or equation used to predict the costs associated with producing a certain number of units.

Mixed Costs

Costs that have both fixed and variable components and change in total with the level of activity but not proportionately.

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors remain valid for a specific business.

Fixed Overhead Cost

Fixed expenditures unaffected by changes in production or sales volume, like leasing fees, employee compensation, and protection plans.