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otez555 [7]
2 years ago
14

When the Writers Guild of America went on strike in 2007-2008, the union and studios met with a third party who helped continue

negotiations and made suggestions for resolving the issues. While the union and studios benefited from considering the suggestions, they were not bound to follow them. This form of negotiation is called
Business
1 answer:
garik1379 [7]2 years ago
5 0

Answer:

mediation

Explanation:

The Writers Guild of America and the film studios used a mediator when they started their negotiations. The mediator is an impartial third party that is present during the negotiations and tries to help both parties reach an agreement or settlement. The decisions taken by the mediator are not mutually binding so any party can accept or reject them. A mediator only helps to solve the problem, offers possible solutions, but shouldn't decide anything.

In order for the decisions taken by the third to be binding, the third party must be an arbitrator. In an arbitration process all parties involved must accept the decision of the arbitrator.

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exis [7]

In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.

<h3>What are expenses?</h3>

This are the cost of inputs that the company put into production of their goods and services.

When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.

Therefore, the actions that might be taken by management is to check their production process .

Learn more about expenses at:

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ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.

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3 years ago
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3 years ago
On December 30, 2019, Whitney sold a piece of property for $85,000. Her basis in the property was $40,000, and she incurred $1,2
vlabodo [156]

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