In the Period 1960-95

question 14

Multiple Choice

In the period 1960-95,

• A) the relations between capital and labor (owners and workers) continued to be as hostile and violent as they were in the 1930s and earlier.
• B) the relations between capital and labor (owners and workers) continued to be cooperative and peaceful, as they had been throughout U.S. history.
• C) an accord was struck which involved more cooperative relations between capital and labor and encouraged high rates of productivity in industry.
• D) the federal government intervened with a strong hand to ensure that labor and capital worked together cooperatively.

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Definitions:

Long-Term Vision

A strategic outlook that focuses on achieving goals and objectives over an extended period, shaping the future direction of an individual or organization.

Organizational Objectives

The established goals that guide a company or organization's activities and direction, aimed at achieving overall success and fulfillment of its mission.

Cost Containment

Strategies or approaches implemented to control, reduce, or maintain the level of expenses.

Production Targets

Specific goals or quotas set for the amount of goods or services to be produced within a certain timeframe.