With Respect to the Future of Unions,it Is Correct to Say

question 100

Multiple Choice

With respect to the future of unions,it is correct to say that

• A) the future is very bleak for unions,and they are likely to go out of existence within the next 20 years.
• B) the power of public sector unions has already declined sharply because taxpayers are unhappy with the big salaries and benefits that members of public sector unions receive.
• C) the globalization of business has caused the movement of jobs to areas of the world with lower labour costs and this has reduced the number of union members in traditional manufacturing industries like the automobile industry.
• D) there are no particularly challenging issues that labour unions have to deal with at the present time.
• E) none of these statements is correct.

Recognize the significance of safety stock and how it is determined.

Understand the impact of delivery and service activities on customer satisfaction and business efficiency.

Understand how to analyze customer profitability accurately.

Recognize the principles and benefits of just-in-time (JIT) systems in inventory management.

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Definitions:

Corporate Form

A legal structure for a business recognized by law as a separate legal entity from its owners, with its own rights and liabilities distinct from those of its owners.

Owner-Operated

Refers to a business where the owner actively manages and operates the company, often involved in daily tasks and decisions.

Portfolio

A collection of investments held by an individual or institution which may include stocks, bonds, real estate, and other assets.

Securities

Financial instruments that hold monetary value, including stocks, bonds, and options, which can be bought and sold.