The national labor relation act is the act formed by the government to protect right of employers and the employees.
<u>Explanation:</u>
The National Labor Relations Act of 1935 is a primary rule of United States work law which ensures the privilege of private part employees to sort out into worker's guilds, participate in aggregate haggling, and make aggregate move, for example, strikes.
Congress sanctioned the National Labor Relations Act ("NLRA") in 1935 to secure the privileges of representatives and bosses, to energize aggregate dealing, and to shorten certain private area work and the executives rehearses, which can hurt the general government assistance of laborers, organizations and the U.S. economy.
Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
The firm's total profit for this year based on the firm's current level of production is $180.
<h3>What is the total profit?</h3>
The total profit is the difference between sales revenue and total (variable and fixed) costs.
<h3>Data and Calculations:</h3>
Sales revenue = $300
Variable costs = (70)
Contribution $230
Fixed costs (50)
Total profits $180
Thus, the firm's total profit for this year based on the firm's current level of production is $180.
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Answer:
narrow product lines; deep assortments
Explanation:
product line is group of same type of product selling under a same brand name.
narrow and wide product line is defined on the basis of number of type of product being sold by a retailer.
Narrow product line is a retailing strategy which means that few type of products which is being sold by a retailer.
Example: Pizza hut which sells only limited number of eatables thus they have narrow product lines
Wide product line means very high number of different type of product is being sold by the retailer.
Example:wall mart which sells wide number of products
Assortment is strategy in retail which defines number of different brands of same type of product which is being sold by a retails.
It is of two types
shallow assortments: It means very few brands of same type of product is offered by a retailer.
deep assortment: It means large of number of different brand of same type of product is being sold by a retailer.
Specialty stores are store which sell only limited type of product but they offer wide variety of choices of brand for the products which they sell. In retail marketing term they keep narrow product line but deep assortments as mentioned in the definitions above
Since Lids is a specialty store the correct option would be narrow product line, deep assortments.