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Oduvanchick [21]
4 years ago
6

Next week, Mortimer is preparing to go to work for the Illinois department of Child Services. He was surprised when his friends

told him that he was going to have to pay one percent of his salary to the union that represents the unionized workers that would include Mortimer, whether he joined the union or not - a so-called agency fee to prevent 'free riders'. This was for services provided to Mortimer, including collective bargaining and grievance representation. Mortimer was shocked - no one had told him about this! What advice would you provide to Mortimer?
Business
1 answer:
Fittoniya [83]4 years ago
8 0

Answer:

The implication is that the Illinois Department of Child Services is a unionized workplace.

Mortimer will derive better benefits that surpass the costs of membership.  He is covered in all collective bargains, even when he resigns his union membership.  Unions negotiate for better working conditions, higher pays, and improved benefits.

When Mortimer has any grievance against the department, the union will also represent him, thereby making his life easier since unions can negotiate better with employers than individual workers.

Mortimer is even lucky to find a job at a unionized workplace because the jobs are not usually advertised as union members easily bring in their relatives and friends to occupy such vacancies.

Explanation:

Most of the disadvantages that Mortimer should complain about unions are disadvantages to the employer and not to him as an individual worker.  For the employer, the union acts as a form of monopoly that can decide whether the workers would work or not.  The unionized workers are not easy to replace with other workers.

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A seasonal index for a monthly series is about to be calculated on the basis of three years' accumulation of data. The three pre
kondor19780726 [428]

Answer:

B) 0.684

Explanation:

For computing the approximate seasonal index, first we have to determine the average value for three months which is shown below:

= Previous July values ÷ number of values

= (110 + 150 + 130) ÷ 3

= 390 ÷ 3

= 130

Now the approximate seasonal index would be

= Average of three months ÷ average over all months

= 130 ÷ 190

= 0.684

6 0
3 years ago
Consider a retail firm with a net profit margin of 3.42 %​, a total asset turnover of 1.88​, total assets of $ 45.9 ​million, an
love history [14]

Answer:

The answer is a. <u>$15.88%</u>

                       b. <u>19.46%</u>

Explanation:

a.   Equity multiplier =  total assets /shareholders equity

     Equity multiplier = $ 45.9 ​million/  $ 18.6 million= 2.47

ROE = net profit *  asset turnover * Equity multiplier

ROE = 3.42% * 1.88​ * 2.47=  <u>$15.88%</u>

<u></u>

b. ROE = net profit *  asset turnover * Equity multiplier

    ROE = 4.19 %​ * 1.88​ * 2.47 = <u>19.46%</u>

4 0
3 years ago
How does lean six sigma define quality?
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Answer:

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Explanation:

6 0
3 years ago
Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Goods inventory account at the b
mr Goodwill [35]

Answer:

$375,000

Explanation:

Unadjusted cost of goods sold = Opening stock of finished goods  + Cost of goods sold - Closing stock of finished goods

Unadjusted cost of goods sold = $79,000 + $361,600 - $72,000

Unadjusted cost of goods sold = $368,600

The overhead applied is $112,000 and the actual manufacturing overhead is $118,400. As the actual manufacturing overhead is more than the overhead applied, the overhead is under applied as shown below

Under-applied Overhead = Actual manufacturing overhead - Overhead applied

= $118,400 - $112,000

= $6,400

Now, calculation of the adjusted cost of goods sold is as follow

Adjusted cost of goods sold = Unadjusted cost of goods sold + Under-applied Overhead

= $368,600 + $6,400

= $375,000

Thus, the adjusted cost of goods sold is $375,000

4 0
3 years ago
All of the following are examples of mixed economies EXCEPT
EastWind [94]

Answer:

in socialist France, the French government owns the postal service industry.

Explanation:

A mixed economy combines elements of a pure socialists (command) economy and a  capitalist (free market )economy.  A socialist economy is where the government controls all economic activities and decisions in a country. The private sector is absent in a socialist economy.  A  capitalist or free-market economy is one where the government does not interfere with a country's economic activities. The private sector does production and distribution in the economy.

A mixed economy will have traits of socialists and a capitalist economy. Both the government and private sector participates in economic activities.

7 0
3 years ago
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