Cahir Works in HR for a Union Shop

question 84

Multiple Choice

Cahir works in HR for a union shop.He is adjusting the pay system to the new rates that have just been set as part of the union negotiating team.What step of collective bargaining is Cahir performing?

• A)Data collection.
• B)Preparing to negotiate.
• C)Contract administration.
• D)Demand matching.
• E)Negotiating.

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Definitions:

Bullwhip Measure

A metric that quantifies the increase in variability or fluctuations in order and inventory levels observed as one moves up the supply chain from retailers towards manufacturers.

Supply Chain

The network of manufacturers, suppliers, and logistics providers involved in producing and delivering a product to the end user.

Variance

A statistical measure of the dispersion showing how much the values in a data set diverge from the mean or expected value.

Wholesaler

A person or company that buys goods in large quantities from producers and sells them in smaller quantities to retailers or other wholesalers.