The main body of law governing collective bargaining is the National Labor Relations Act (NLRA). It is also referred to as the Wagner Act. It explicitly grants employees the right to collectively bargain and join trade unions. The NLRA was originally enacted by Congress in 1935 under its power to regulate interstate commerce under the Commerce Clause in Article I, Section 8 of the U.S. Constitution. It applies to most private non-agricultural employees and employers engaged in some aspect of interstate commerce. Decisions and regulations of the National Labor Relations Board (NLRB), which was established by the NLRA, greatly supplement and define the provisions of the act.
The NLRA establishes procedures for the selection of a labor organization to represent a unit of employees in collective bargaining. The act prohibits employers from interfering with this selection. The NLRA requires the employer to bargain with the appointed representative of its employees. It does not require either side to agree to a proposal or make concessions but does establish procedural guidelines on good faith bargaining. Proposals which would violate the NLRA or other laws may not be subject to collective bargaining. The NLRA also establishes regulations on what tactics (e.g. strikes, lock-outs, picketing) each side may employ to further their bargaining objectives.
State laws further regulate collective bargaining and make collective agreements enforceable under state law. They may also provide guidelines for those employers and employees not covered by the NLRA, such as agricultural laborers.
designing and controlling the process of production and redesigning business operation in the production of goods and services.
Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the computation of the given data are as follows:
Amount = $10,000
Interest rate = 6%
So total interest amount = $10,000 × 6% = $600
So, the cash amount = $10,000 - $600 = $9,400
So, it shows increase in cash for $9,400.
The journal entry for the given data are as follows:
Cash A/c Dr $9,400
Interest A/c Dr $600
To Notes payable A/c $10,000
(Being the Notes payable is recorded))
Explanation:
In 1979, Michael Porter developed a model of competitive analysis that became popularly known as "Porter's 5 forces". That are:
- Rivalry between competitors;
- Bargaining power of suppliers;
- Bargaining power of customers;
- Threat of new competitors;
- Threat of new products or services.
These five forces help the organization to position itself in the market, discovering essential information about the macro environment, such as information about competitors, which contributes to the effectiveness of quality management, based on efficient techniques on market analysis.
Porter also defined 3 general strategies that can be applied in any company, regardless of size and area of operation, so that it is possible to achieve a competitive and differentiated position in the current market.
- Cost leadership,
- Differentiation and
- Focus.
In the case of Quebecor Printing, analyzing its strategy of offering a personalized service using "selective binding" to print, it can be said that the company uses Porter's focused differentiation strategy, whose main characteristics are to provide a differentiated service from competitors for satisfy the needs of the consumer, so it is important that the company also invests in process improvement, such as improving the technical training of employees and developing market segmentation research so that the entry into markets in other locations occurs according to the needs and particularities of the target audience of a given location.
Answer:
The correct answer is the option is D.
Explanation:
Contractionary policy is used to reduce economic activities. it used in case of inflation. Fiscal policy is the tool to affect the economic variables through government spending and taxation.
The most contractionary policy will be if the government spending is reduced and taxes are increased. This will lead to a reduction in disposable income. Consequently, demand will decline as well. This will further lead to a fall in the price level. Thus curbing inflationary pressures.
