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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.TimeTable's CEO's career experiences are similar to the CEOs of major corporations in which country?
Unit Investment Trusts
An investment company offering a fixed portfolio of securities in a one-time public offering, with units redeemable on demand.
Short-selling
The practice of selling securities or other financial instruments that are not currently owned, with the intention of repurchasing them later at a lower price.
120/20 Fund
A type of mutual fund that employs a long/short strategy, allowing it to invest 120% in long positions and -20% in short positions.
Prospectus
A formal document that provides details about an investment offering for sale to the public.
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