The Management of an Organization Is Less Able to Afford

question 1

Multiple Choice

The management of an organization is less able to afford a strike when

• A)the product is nonperishable.
• B)the organization is labor-intensive.
• C)replacement workers are scarce.
• D)the company has more than one production unit.
• E)the demand for its product is weak.

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Definitions:

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations and benefits for the parties involved.

Remedy

Legal means or measures available to a party to enforce a right or redress a harm.

Misrepresentation

The act of providing false or misleading information about a material fact, intentionally or negligently, causing someone to enter into a contract.

Affirmed

Officially confirmed or validated.