A Company Would Be Reducing Its Discretionary Costs If It

question 44

Multiple Choice

A company would be reducing its discretionary costs if it

• A)fired a production supervisor.
• B)closed its research and development department.
• C)successfully negotiated a reduction in its factory rent.
• D)reduced its direct labor costs by hiring temporary workers.

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Definitions:

Taft-Hartley Act

A federal act passed in the United States in 1947 that serves to reduce the power and activities of labor unions.

Strikes

A work stoppage caused by the mass refusal of employees to work, typically aiming to enforce specific demands regarding their employment condition.

CIO

Can refer to Chief Information Officer, a senior executive responsible for managing an organization's information technology strategy. It also can denote the Congress of Industrial Organizations, a federation of labor unions in the United States.

AFL

The American Federation of Labor (AFL) was a national federation of labor unions in the United States, founded in 1886, focused on advocating for fair labor practices and workers' rights.