A Rise in the Value of the Canadian Dollar

question 26

Multiple Choice

A rise in the value of the Canadian dollar

• A) makes cross-border shopping a better bargain for Canadians.
• B) makes imported products more expensive.
• C) increases your income taxes.
• D) decreases your income taxes.
• E) increases Canadian GDP.

Recognize and apply different training techniques and methods for managerial and employee development.

Describe the systemic/strategic model of training including its phases.

Identify the reasons and factors influencing the success of training programs.

Distinguish between training and development and understand their relevance in organizational contexts.

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Definitions:

Impact of Unionization

The effect that forming or joining a labor union has on employees, the workplace, and the overall operation of the organization.

Management Rights

The legal and practical entitlements that allow the management of a company to make decisions and take actions necessary to run the business, subject to any limitations imposed by labor contracts.

Collective Agreement

A written contract negotiated between an employer and a union representing the employees, outlining terms of employment, salaries, and conditions.

Grievance Handling

The process of addressing complaints raised by employees regarding workplace issues, policies, or interpersonal conflicts.