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Additional Case 15.2
TimeTable, Inc. plans to expand its manufacturing facilities. It is considering expansion either here in the United States or in Europe-Germany, Sweden, Great Britain, or France. It may also look at Japan or China, but those are currently second-tier choices.
In selecting a country, the CEO wants to avoid political involvement. While friendly toward unions, he doesn't want a union that is politically oriented. In fact, the CEO of TimeTable was once a union official. He went through a career change, earned an MBA, and moved into the executive management ranks about ten years ago.
TimeTable has a strong positive working relationship with its union. Management feels the NLRB is wrong in its ruling about the Wagner Act and is aggressively building labor-management teams. The CEO of TimeTable is even considering giving the union a seat on the board of directors.
-Refer to Additional Case 15.2.Based on TimeTable's CEO's attitudes about politically active unions,which country would be LEAST appropriate?
Broad Stock Market Index
A financial index that tracks the performance of a wide range of stocks, representing a large segment of the equity market.
U.S. Treasury Bonds
Long-term government debt securities issued by the United States Department of the Treasury with maturities greater than 10 years.
Managed Mutual Fund
A type of investment fund that is professionally managed, where investors pool their money to be invested in a diversified portfolio of securities.
Retirement
The period of one's life after deciding to permanently leave the workforce behind, often associated with reaching a certain age or financial security.
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