Use the Following to Answer Questions

question 306

Multiple Choice

Use the following to answer questions :
-(Table: Market Basket of School Supplies) Look at the table market Basket of School Supplies. It shows the prices of three common school supplies in 2010 and 2011 and the quantities of each school supply that consumers bought in 2010, the base year. A school supply index to measure the rate at which average school supply prices have changed would show an inflation rate of:

• A)22%.
• B)122%.
• C)82%.
• D)18%.

Recognize the influence of external data and environmental factors on the bargaining process.

Identify strategies and actions that can undermine or support the collective bargaining process.

Understand the significance of cost analysis and resistance points in the negotiation process.

Understand different types of bargaining strategies, including distributive and integrative bargaining.