Marley Company Hired a Consultant to Help Improve Its Operations

question 67

Multiple Choice

Marley Company hired a consultant to help improve its operations.The consultant's report stated that Marley's inventory levels are excessive and cited several negative consequences to Marley as a result.Which of the following consequences was not cited in the report?

• A)Possible other uses for working capital now tied up in inventory
• B)Production stoppages due to parts not being available
• C)Higher property taxes and insurance costs
• D)Large quantities of obsolete materials

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Definitions:

AFL

Short for American Federation of Labor, it is a national federation of labor unions in the United States, founded in 1886.

Exclusive Union Strategy

A labor union approach aiming to be the sole representative of all workers within a given company or industry, often seeking to secure better terms and conditions through collective bargaining.

Closed Shop

A form of union security agreement where the employer agrees to hire union members only, and employees must remain members of the union at all times.

Union Membership

The total number of workers who are members of labor unions, organizations that represent workers' interests, particularly concerning wages, working conditions, and benefits.