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4 years ago

What is the difference between a closed shop and a lockout

Business

1 answer:

pentagon [3]4 years ago

8 0

Answer:

A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.

Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.

In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.

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Figures Incorporated makes a single product—an electrical motor used in many long-haul trucks. The company has a standard cost s

galben [10]

Answer:

variable overhead efficiency variance= $5,389 unfavorable

Explanation:

Giving the following information:

Budgeted variable manufacturing overhead $ 66,570

Budgeted hours 21,000 labor-hours

Standard hours allowed for the actual production 18,000 labor-hours

Actual hours 19,700 labor-hours

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard rate= 66,570/21,000= $3.17 per hour

variable overhead efficiency variance= (18,000 - 19,700)*3.17

variable overhead efficiency variance= $5,389 unfavorable

3 0

3 years ago

Environmental scanning is the act of analyzing the critical external contingencies and trends facing an organization in terms of

alekssr [168]

Answer:

The correct answer is the option B: economic conditions, competitors and customers.

Explanation:

To begin with, the term of environmental scanning refers to the action of analyzing the forces, both internal and external, whose actions affect the organization in its whole and may give the company opportunities or threats, sthrengths or weaknesses. Moreover, when refering to the external part of the analysis the most important groups to have in mind are those outside the organization and that it may not take control over decisions directly. Those items or groups are: the competitors, the customers, economic conditions, the government, market suppliers, intermediaries and more.

5 0

4 years ago

All of the following are reasons to stop crashing EXCEPT:

Tema [17]

The statement that does not refer to the reason that aids in project crashing is

(D) there are no critical activities that can be crashed further.

Explanation:

Project crashing basically refers to the method by which the duration of the project is reduced .This can be done by

Reducing the time taken by one or more critical activity
By devoting more resources in order to complete the project as early as possible.
The cost associated with the project is also increased

In Crashing, the time is inversely related to the cost of the project.It means that if the time of the project increase then the project cost is reduced and if the time o/duration of the project decrease then the cost involved in the project increases

6 0

4 years ago

Write a paragarph of 10 sentences or more describing three main employment sectors in your country

jolli1 [7]

Answer:

peaceful

Explanation:

kasi lahat Ng mga Tao soon ay Hindi nag aaway

8 0

3 years ago

____ is the amount of money left over after paying all of the business expenses.

ira [324]

the answer is net profit.

3 0

3 years ago