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sammy [17]
2 years ago
8

A key difference between a mediator and an arbitrator is that Multiple Choice a mediator is appointed by labor and management, w

hile an arbitrator is appointed by the federal government under terms set forth in the Taft-Hartley Act. a mediator is an unpaid volunteer, while an arbitrator is a paid professional. an arbitrator can settle a labor-management dispute by rendering a binding decision, while a mediator can only make suggestions and encourage the two sides in a dispute to continue negotiating. a mediator is a lawyer who represents either labor or management in a labor dispute, while an arbitrator is an impartial advisor who listens to both sides of the dispute and offers suggestions that help the two parties reach a mutually acceptable agreement.
Business
1 answer:
lubasha [3.4K]2 years ago
5 0

A key difference between a mediator and an arbitrator is that an arbitrator can settle a labor-management dispute while a mediator helps in making suggestions in negotiation. Thus, the correct answer is C.

<h3>What is arbitration?</h3>

Arbitration is a method in which a disagreement is referred to by one or more arbitrators who determine a binding resolution based on the parties' agreement. Instead of going to court, the parties choose arbitration as a private dispute settlement mechanism.

This arbitrator helps to settle a labor-management dispute by convincing both the parties to a decision formed whereas a mediator will help to make suggestions and tries to make both the parties agree to negotiate to end the dispute.

Therefore, option C arbitrator helps in managing the disputes by binding decision is the correct answer.

Learn more about arbitration, here:

brainly.com/question/24847253

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Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $250,000. In its most recent
Alchen [17]

Answer:

1. Kyzera’s return on assets

Return on asset = (Net income / Average total asset)*100

Return on asset = (65,000 / 250,000)*100 = 26%

2.

26% return on assets seems satisfactory for Kyzera as compared to competitor's average return on asset 12% return on assets. It's about 117% higher than the competitor.

3. Total expenses for Kyzera in its most recent year

Expenses = Revenue - Net Income

Expenses = 475,000 - 65,000

Expenses = 410,000

4. Average total amount of liabilities plus equity for Kyzera

As we Know:

Average total Assets = Average total amount of liabilities plus equity

Average total amount of liabilities plus equity = $250,000

Explanation:

6 0
3 years ago
People go to the bank more frequently to reduce currency holdings when inflation is high. The sacrifice of time and convenience
IrinaK [193]

Answer:

c. shoe leather cost.

Explanation:

During times of high inflation, interest rates usually go up. Money in the banks earns higher interest compared to when inflation is low. When the inflation rate is high, the prices of goods and services increase rapidly, resulting in a reduction in currency's purchasing power.

Individuals and firms opt to keep as little cash in hand as possible. Holding a lot of cash at such times is not prudent as banks offer high-interest rates. Keeping cash become costly due to currency depreciation. As firms and households keep most of the money in banks, they incur a lot of transport costs and time going to banks to withdraw cash for normal expenses. The time and transport costs incurred are referred to as shoe leather costs.

6 0
3 years ago
Milton Friedman stated in his famous article in The New York Times in 1970 that "the social responsibility of business is to inc
BartSMP [9]

Answer:

In this growing economy and competitive world, it is important for any business to maintain a good customer relationship by providing value to the customers. However, focusing only on profit maximization will not benefit the business in the long run.

Focusing on profit maximizing the profit will benefit the organisation in the short term and the company will only think about business interest keeping the costumers and society interest aside.

Explanation:

8 0
3 years ago
Stock A has a beta of 0.7, whereas Stock B has a beta of 1.3. Portfolio P has 50% invested in both A and B. Which of the followi
lorasvet [3.4K]

Answer:

a. The required return on Portfolio P would increase by 1%

Explanation:

Assume that in the given question, the Market risk premium is 7% while the risk free return is 5%, then according to the Capital asset pricing model(CAPM), the expected return of stock A and B will be calculated as follows:

CAPM=Risk free return+Beta(Market risk premium)

Expected Return on stock A=5%+0.70*7%=9.9%

Expected Return on stock B=5%+1.30*7%=14.1%

Since the equal amount of 50% of portfolio P has been invested in the stock A and B, therefore, the return on the portfolio P shall be calculated as follows

Expected return on portfolio P=0.50*9.9%+0.50*14.1%=12%

If the market risk premium is increased by 1% i.e. from 7% to 8%, then the expected return of the Stock A and B shall be calculated as follows:

Expected Return on stock A=5%+0.70*8%=10.6%

Expected Return on stock B=5%+1.30*8%=15.4%

Expected return on portfolio P=0.50*10.6%+0.50*15.4%=13%

So the expected return on portfolio P has been increased by 1% i.e. from 12% to 13% when the market risk premium has been increased by 1%.

Based on the above calculations, the answer shall be a. The required return on Portfolio P would increase by 1%

4 0
2 years ago
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