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Laura Chan worked as a primary school teacher in a small town for 10 years.She and her colleagues were represented by the Teachers' Association in collective bargaining.Recently,the school board received complaints from some irate parents that Laura was teaching her students elementary Cantonese vocabulary,which they felt was unnecessary and detracted from the more important core curriculum.The school board,having previously asked her to refrain from this practice,decided to suspend Laura for the short period of 10 days until the end of the school year and hoped that the issue would be forgotten by the fall when classes commenced.Laura grieved the suspension.
-If the Teachers' Association refuses to take Laura's grievance to arbitration,Laura may initiate her own legal action against the school board and the Teachers' Association.
Investment Turnover
A measure of a company's ability to generate sales from its investments; calculated by dividing sales by average invested assets.
Profit Margin
The amount by which revenue from sales exceeds costs in a business, expressed as a percentage of total sales.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit by the initial cost of the investment.
Increase in Income
An upward movement in earnings or revenue, signaling growth or improvement in financial performance.
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