Additional Case 15.2 TimeTable, Inc. Plans to Expand Its Manufacturing Facilities. It Is

question 84

Multiple Choice

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?

• A) China
• B) Japan
• C) Sweden
• D) Great Britain

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Definitions:

Agent

An Agent is a person or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.

Judgment

A formal decision or conclusion reached by a court regarding the legal matters before it.

Liability

A legal responsibility or obligation that may result in financial loss.

General Power of Attorney

A legal document that grants broad authorizations to a person to act on another's behalf in a wide range of legal and financial issues.