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  • Exam Number/Code : Principles-of-Management
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NEW QUESTION: 1
Which of the following occurs when the union decides to stop working?
A. Lockout
B. Involuntary exit
C. Strike
D. Boycott
Answer: C
Explanation:
Answer option C is correct.A strike occurs when the union decides to stop working.Answer option D is incorrect. Involuntary exits is process that occurs due to mergers, outsourcing or changing business needs. It also occurs due to terminations for cause, such as performance problems, etc. Answer option B is incorrect. A lockout occurs when management shuts down operations to keep the union from working.Answer option A is incorrect. Boycotts occur when the union and the employees work together against an employer to express their dissatisfaction with the employer's actions, or to try to force the employer into accepting their demands. Chapter: Employee and Labor Relations Objective: Union Organization

NEW QUESTION: 2
An options trader is assessing the aggregate risk of her currency options exposures. As an options buyer, she
can potentially ___ lose more than the premium originally paid. As an option seller, however, she has a ___
risk on the contract and always receives a premium.
A. Sometimes, unlimited
B. Never, unlimited
C. Never, limited
D. Sometimes, limited
Answer: B

NEW QUESTION: 3

A. Option B
B. Option D
C. Option A
D. Option C
Answer: D

 

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2025 Principles-of-Management Accurate Test - Test Principles-of-Management Preparation, Valid Principles of Management at Western Governors University(IAC1) Exam Papers - Cads-Group


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