Labor union protect the workers right and interest.
Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests
- The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.
Some advantage of Labor union for workers are:
- Its helps to protect the interest of workers.
- Its helps to negotiate and promote higher wages and better benefits.
- Its help to ensure workplace safety.
- The union serves as workers representatives.
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In the Tito's Vodka case study, trends in cocktails were studied to create a quarterly recipe for customers. The statement is true.
<h3>
What are cocktails?</h3>
- The Oxford Dictionaries define cocktail as "An alcoholic drink consisting of a spirit or spirits mixed with other ingredients, such as fruit juice or cream".
- A cocktail can contain alcohol, a sugar, and a bitter/citrus. When a mixed drink contains only a distilled spirit and a mixer, such as soda or fruit juice, it is a highball.
- Many of the International Bartenders Association Official Cocktails are highballs. When a mixed drink contains only a distilled spirit and a liqueur, it is a duo, and when it adds a mixer, it is a trio. Additional ingredients may be sugar, honey, milk, cream, and various herbs.
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Answer:
Equilibrium price = Decreases
Equilibrium quantity = Indeterminate
Explanation:
Here, we suppose that tea and coffee are substitute goods and we know that substitute goods have a positive cross price elasticity of demand.
So, if there is a fall in the price of tea then as a result the demand for coffee decreases which shifts the demand curve of coffee leftwards.
And, there is a fall in the price of coffee beans due to the better weather condition and coffee beans are used as an ingredient for producing coffee.
Hence, there is a fall in the cost of production of coffee which increases the supply of coffee and shifts the supply curve of coffee rightwards.
Therefore, there is a fall in the equilibrium price level of coffee and the effect of these shifts on the equilibrium quantity is indeterminate because that will be dependent upon the magnitude of the shifts of both the curves.
(A) Casual research would be most appropriate for the given purpose.
<h3>
What is casual research?</h3>
- Causal research is the study of cause-and-effect relationships.
- To establish causation, the variation in the variable suspected of influencing the difference in another variable must be observed, and the variations from the other variable must be calculated.
<h3>What is descriptive research?</h3>
- Descriptive research is used to characterize the features of a population or phenomenon under investigation.
- It does not address how/when/why the qualities developed.
- Rather, it responds to the "what" inquiry.
<h3>What is exploratory research?</h3>
- Exploratory research is a methodological approach that investigates previously unstudied research problems.
- It is frequently utilized when the problem under investigation is novel or the data collection process is difficult in some way.
<h3>Solution -</h3>
As the definition of casual research states, to establish causation, the variation in the variable suspected of influencing the difference in another variable must be observed, and the variations from the other variable must be calculated.
Therefore, (A) casual research would be most appropriate for the given purpose.
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Complete question:
KB Home decided that they were interested in knowing if offering eco-friendly options within their home offerings will generate greater sales than offering eco-friendly options within an options list to add on to their home offerings. Which type of research would be most appropriate for this purpose
(A) Casual research
(B) Exploratory research
(C) Descriptive research
Answer:
D. Review your notes and clarify is the correct answer.
Explanation:
