Workers in an industry join together to form an industrial union, regardless of their trade or level of expertise. They now have stronger negotiating and strike power as a result.
Welders, electricians, factory line workers, and stock loaders and unloaders are just a few of the workers who are represented by the United Auto Workers, making it an industrial union.All of the workers are employed by the automobile industry.One of the biggest and most varied unions in North America is the UAW. Each economic sector is represented among its members.The UAW represents a variety of workplaces, including large, diverse enterprises, small manufacturers, state and local governments, as well as hospitals, private non-profit organizations, and institutions of higher education.
Both active and retired members of the UAW are united. Retirees are highly interested in the union and contribute greatly to its community outreach initiatives.The UAW has constantly formed creative alliances with companies and achieved pay raises and member benefits. The following are some of the bargaining advances used by the UAW:The first industrial worker health insurance program sponsored by an enterprise.The initial cost-of-living adjustments.Contributing to advances in product quality.
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Answer:
straight commission
Explanation:
Straight commission refers to the commission in which only a sales percentage could be given in terms of commission no extra payment, no salary is given. The percentage could be based on the performance of the salesperson i.e how much sales he sold so according to that the percentage is given
Therefore the given situation represents the straight commission method
Answer:
The opportunity cost is the cost that is generated by selecting some other alternative. The opportunity cost indicates the value or activity that is foregone to do something else.
In our case, me and my friend decided to go on a concert and concert ticket price is $100.
There are other three alternatives available for me and my friend other than concert:
(i) purchase a textbook worth of $100.
(ii) meal at a highly rated local restaurant
(iii) internet movie downloads
It was given that my next best alternative to the concert is internet movie downloads and my friend's next best alternative to the concert is meal at a highly rated local restaurant.
Hence,
The opportunity cost for me and my friend of the concert tickets that we purchased are internet movie downloads and meal at a highly rated local restaurant, respectively.
Answer:
a. Barney's monthly explicit costs: $161;
b. Barney's monthly implicit costs: $11,816;
c. Barney's monthly economic costs: $11,977
Explanation:
a.
Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161
b.
Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816
c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977
I would say that the organization needs a job and yea yea