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Xelga [282]
3 years ago
8

Binding arbitration:

Business
1 answer:
Zielflug [23.3K]3 years ago
8 0

Answer:D. can settle outstanding claims or disputes provided that all parties agree to its use.

Explanation: Binding arbitration is a type of arbitration/ dispute resolution where both parties involved in the dispute/ conflict choose a mediator mainly a legal practitioner and accepted to stand by the decision of the Binding arbitrator.

This type of arbitration is in contrast to non Binding arbitration where both parties are may not accept the decision of the arbitrator. Binding

Arbitration is adopted mainly in private disputes where both parties involved in the dispute agree to accept the verdicts of the trusted arbitrator.

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If the government imposes a price ceiling, then: the price offered by producers must be at or below the ceiling price. the marke
katrin2010 [14]

Answer:

The answer is A. the price offered by producers must be at or below the ceiling price

Explanation:

A price ceiling is a limit on how high the price of product or service can be. Governments use price ceilings to protect consumers from the overbearing of producers. For example, let's say the price of rice in the market in going up daily as a result of scarcity. Government can set the price ceiling to be $20 per bag. This means that the price by bag must never go beyond $20. Producers can set their price to be at $20 or below $20 but must never go above the price ceiling ($20)

3 0
3 years ago
Research has shown that knowledge workers spend about ________ of their time on nonproductivework—, unsuccessful searches, conve
MAVERICK [17]

Answer:

The answer to this question is option d.50 percent.

Explanation:

Knowledge workers spend 50 percent of their time on non productive work like :- converting data to different formats,recreating information or unsuccessful searches and this has been shown by the researches.

Hence we conclude that the answer to this question is 50 percent.

8 0
3 years ago
The two major forms of employee involvement are participative management and ________. 1. job sharing 2. job rotation 3. represe
Bond [772]

Answer:

3. representative participation.

Explanation:

Participative management refers to the kind of management where the employees take part in the decision making and brainstorming session together to achieve a common goal.

Representative participation is virtually when rare opportunities are given to employee of an organisation to make decision ,carry out core values all in line of pursing the common organisational goal.

6 0
3 years ago
The demographic, economic, natural, technological, political, and cultural forces that affect a company's ability to serve its c
JulsSmile [24]

Answer:

Macro-environment

Explanation:

Macro-environment is a factor which exists in the overall economy, and it affects the whole economy. It is relatively more damaging compared to micro-environment because micro-environment affects individuals. The above scenario is referring to macro-environment because political, cultural, technological are forces which affect the whole economy.

6 0
3 years ago
If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from
Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0
3 years ago
Read 2 more answers
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