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jenyasd209 [6]
3 years ago
10

George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells

the union representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did the union use to get the owner to agree to increase wages?
a) individual bargaining
b) threaten to go on a strike
c) collective bargaining
d) threaten to quit their jobs
e) filing a petition to the goverment
Business
2 answers:
Olin [163]3 years ago
8 0

I believe the answer is: collective bargaining

Collective bargaining refers to the negotiation process arranged by a group of employees in order to negotiate a certain term so the employment relationship could move forward. In this process, the group of employees would appoint someone on their behalf to negotiate with the employers regarding their well being in the work place.

zloy xaker [14]3 years ago
6 0

Answer:

c

Explanation:

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Average demand for a particular item is 1,200 units per year. it costs $100 to place an order for this item, and it costs $24 to
Anika [276]
On average this item will be ordered "once a <span>month".
We can find the order interval by dividing the EOQ (economic order quantity), in above situation that is equal to 100 and annual demand is equal to 1200.
So, the time interval in which this item will be ordered;
100/1200 = 1/12
it means 1/12th of a year that is equal to once a month.
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3 0
3 years ago
Which of the following indicates the financial position of a practice at a point in time and shows its assets and liabilities? A
adell [148]

Answer:

The correct answer would be C, Balance Sheet.

Explanation:

A balance sheet is a document, which contains information about the Assets, Liabilities and owner's Equity of a firm, company or an organization. There is a predetermined format to write a Balance Sheet. There are two sides in this statement. One side contains Assets and Liabilities of the Company, whereas the other side contains the Owner's Equity in a particular point of time. This statement summarizes the financial balances of an individual organization. There are other financial statements of the company as well like Income Statement, cash flow statement, etc, but Balance Sheet is considered most appropriate to have a look at the assets, liabilities and equity of the company at a specific point of time.  

8 0
3 years ago
What is savings?, How can you save in a bank? And why is it important?
Strike441 [17]

Explanation:

Savings are the money one has saved, especially through a bank or official scheme.

You can save in a bank by frequently depositing money into a bank account.

Savings are important for the availability of money during emergencies or to avoid going into debt to pay for your necessities.

3 0
3 years ago
American General Company experienced the following accounting events during 2014:
12345 [234]

Answer:

1.  Operating Activities (OA)

2. Financing Activities (FA)

3. Financing Activities (FA)

4. Investing Activities (IA)

5. Operating Activities (OA)

6.  Operating Activities (OA)

7. Investing Activities (IA)

8. Financing Activities (FA)

9. Not applicable (NA)

10. Financing Activities (FA)

Explanation:

Statement of cash flows is one of the three major financial statements. The statement analyses the cash generated and cash expended by an entity in a given period. The statement collates the analysis under three categories

1. Operating Activities

2.Investing Activities

3.Financing Activities

Operating activities comprise of cash generated and expended by the entity on its normal business operation during the period. Examples of this are cash received from customers, cash paid to suppliers, rent paid to landlord, cash expenses paid etc.

Investing activities consist of cash activities involving acquisition and disposal of assets and investment. Examples of such are cash receipt from sales of equipment, cash spent on purchase of investment securities.

Financing activities are cash activities involving the entity and provider of capital, equity owner and debt holder. Example of such activities are cash generated from issuance of bond, cash dividend paid to equity owner.

4 0
3 years ago
At the end of the accounting period, Armstrong Corporation reports an operating income of $30,000. Which of the following statem
Thepotemich [5.8K]

Answer:

A) Absorption costing will report less operating income than variable costing.

Explanation:

When absorption costing is used by a company, all its manufacturing costs (direct labor, direct materials and variable overhead) have been absorbed by the units that have been manufactured.

If inventory levels decreased due to units that started being produced but are not completed, and if the company uses absorption costing, then the materials used for starting the manufacturing process will be assigned to the previously finished units.

4 0
3 years ago
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