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sergiy2304 [10]
3 years ago
7

Differentiate among the business agent of a local union, a shop steward, and an international union representative. How do their

roles differ?
Business
1 answer:
Vinvika [58]3 years ago
7 0

Answer:

See explanations below

Explanation:

Business agent of a local union is basically a title, which is associated with being a chosen representative of a local union. A business agent is an employee of a union(paid employee), appointed to be its representative, who is expected to protect at all times the interest of its members and also act as the link between the chapter and other representatives in other union. He represents the larger interest of the local union such as representing members during disciplinary hearings, agreeing on memorandum of understandings etc.

A shop steward is the face of a union in an organization. He is an employee of a company, but he is elected to be the union representative on various issues such as work related issues and other issues. He ensures that work related issues and other grieviances between his members and the company are resolved amicably. He scheduled a meeting with the supervisors or management of a company and represent the interest of his members at all times.

An international union representative is an elected union representative, who liases with other union representatives in other countries on best global practises regarding workplace issues faced by its members. They share ideas on how best to resolve work related issues faced by employees and also assist local officers in negotiations and in administering labor agreements.

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Answer:

$320,000

Explanation:

Given that,

Planning to sell hammers = 200,000

Selling price per unit = $8

contribution margin ratio = 20%

At break even, Fixed costs = Contribution margin

Therefore,

Contribution margin ratio:

= (Planning to sell hammers × Selling price per unit) × contribution margin ratio

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3 years ago
What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont
Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}

P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}

The probability of losing would be:

P(loss) = 1 - P(win)

P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

= 9,999,999 X \frac{1}{15,890,700}  + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37

Thus, we expect to lose $0.37 per lottery ticket

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3 years ago
The job-specific knowledge you need to perform well in a specialized field, known as _______ skills, appear to be most important
agasfer [191]
The answer is technical skills
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2 years ago
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with d
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Answer:

B. Progressive elaboration

Explanation:

Progressive Elaboration is done for a specific project and then such planning is thoroughly descriptive and detailed, and the management tends to develop the plan more and more with each day, make it more accurate for the project.

In the given instance, since there is a requirement to know all the features along with characteristics of the project properly, the technique to be followed is Progressive Elaboration as all the detailed work will be done, and will be revised accordingly.

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3 years ago
Serena is a 40-year-old single taxpayer. She operates a small business on the side as a sole proprietorship. Her 2018 Schedule C
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Answer:

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Therefore,

Serena’s self-employed health care deduction will be $5,624

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3 years ago
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