1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
The following balance sheet information was provided by Western Company: Assets Year 2 Year 1 Cash $ 4,000 $ 2,000 Accounts rece
ICE Princess25 [194]

Answer:

The company's average days to collect receivables is 18.25 days.

Explanation:

For computing the company's average days to collect receivables, first we have to calculate the account receivable turnover ratio. The formula is shown below

Account Receivable Turnover ratio = Net credit Sales ÷ Average accounts receivable

where,

Net credit sales is given

And, the average accounts receivable = (Year 1 + Year 2) ÷ 2

                                                                = ($15,000 + $12,000) ÷ 2

                                                                = $13,500

So, Account Receivable Turnover ratio = $270,000 ÷ $13,500 = 20

Now, average days to collect receivables = Number of days in a year ÷ Account Receivable Turnover ratio

= 365 ÷ 20

=  18.25 days

Hence, the company's average days to collect receivables is 18.25 days.

7 0
3 years ago
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The co
xeze [42]

Answer:

Total cost= $2,008,608

Explanation:

Giving the following information:

Production 11,800 units 13,000 units

Direct materials: $761,100 -  $838,500

Direct labor: $241,900 -  $266,500

Manufacturing overhead: $1,010,800 - $1,035,280

First, we need to calculate the unitary cost for each level of production and choose the lower cost for each:

11,800 units:

Direct material= 761,100/11,800= $64.5

Direct labor= 241,900/11,800= $20.5

Variable overhead= 1,010,800/11,800= $85.66

Total unitary cost= 170.66

13,000 units:

Direct material= 838,500/13,000= 64.5

Direct labor= 266,500/13,000= $20.5

Variable overhead= 1,035,280 /13,000= $79.64

Total unitary cost= 164.64

<u>Total cost for 12,200 units:</u>

Total cost= 12,200*164.64= $2,008,608

6 0
2 years ago
Which one of the following is not a part of the business case for why companies should act in a socially responsible manner? A.
Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

3 0
3 years ago
_____ are any aspects of a good or service that a customer must believe in but cannot personally evaluate even after purchase an
stiv31 [10]

Answer:

<u>c. Credence attributes</u>

Explanation:

  • Credence is a good that has attributes that cannot be observed by the consumer even after purchasing the thus makes it difficult for them to access its utility such as expert services and medical procedures, automobile repairs, etc.
  • Here the seller has the option to change the quality ad quantity of the price by using his tactics and hence can cheat buyers with an inferior good. Like the automobile repair may be insufficient.
7 0
3 years ago
Madison Foods Corp. is frustrated in its efforts to sell products in Europe because several countries are demanding that the com
mixer [17]

Answer: Trade obstacle

Explanation:

From the information given, we can infer that the demands are examples of trade obstacle.

Trade obstacles refers to the barriers which hinder a trade or the restrictions on an international trade. Trade obstacles can be tariffs or other non-tariff methods. Trade obstacles lead to difficulties in the sale of a product to other countries.

4 0
2 years ago
Other questions:
  • Suppose that a worker in Country A can produce either 25 bananas or 5 tomatoes cach year. Country A has 200 workers. Suppose a w
    14·1 answer
  • Researcher wants to conduct a secondary analysis using a centers for disease control and prevention (cdc) database that was coll
    5·2 answers
  • Ajax Inc. is one of the customers of a well-known linenmanufacturing company. Ajax has not ordered linen in some time, but when
    14·1 answer
  • If your dream is to be an elementary school teacher, the _____ Career Cluster might be best for you.
    8·2 answers
  • Assessment of a potential supplier’s financial situation:
    11·1 answer
  • Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard de
    14·1 answer
  • For a cheese-lover, Burger King's Mac n' Cheetos are what type of product? (1pt)
    15·1 answer
  • Statement of Cost of Goods Manufactured and Income Statement
    11·1 answer
  • For Cadence Design Systems, giving employees time and support to pursue philanthropic activities that they really care about lea
    6·1 answer
  • Prepare a dialogue on the topic Possibitics of Rural Tourism in Nepal "​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!