Janet,a Sales Manager at Drexler Inc

question 70

Multiple Choice

Janet,a sales manager at Drexler Inc.,claims that labor and management of most organizations are rivals.Carmella,the HR manager,argues that management and labor do not compete but assist each other.Who is correct in this situation?

• A) Janet is right because after the 1980s, most unions and organizations have acted as adversaries.
• B) Carmella is right because labor and management often cooperate to enhance teamwork.
• C) Janet is right because finding win-win solutions is almost impossible between labor unions and management due to conflicting goals.
• D) Carmella is right because organizations often readily accept employee empowerment programs, which is a sign of cooperation.
• E) Janet is right because the sole purpose of creating a union is to force employers to pay more wages, which results in loss of profits.

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Definitions:

Present Value

Present Value refers to the value today of an amount of money that is to be received in the future, adjusted for a certain rate of return.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Dollar Amount

The value of something represented in terms of the currency of the United States, expressed as a quantity of dollars.

Discount Rates

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.