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frez [133]
2 years ago
4

The employees' union and the management at Rexen Inc. enter into a contract, which requires Rexen to improve its facilities and

to ensure the safety of its employees. However, a few months later, the employees observe that the conditions have remained the same and that management has not taken any steps to revamp its systems. As a result, the union files a case against Rexen for violating the terms of their contract. In order to resolve this issue, the union and Rexen will both have to participate in a process for resolving conflicts, known as _____.
Business
1 answer:
Ivan2 years ago
7 0

Answer:

a grievance procedure

Explanation:

Based on the information provided within the question it can be said that they will both participate in the process known as a grievance procedure. This is a an internal dispute resolution in which employee brings their problems or grievances straight to the immediate supervisors in order to have them addressed. Which in this case the employee's union which represents all the employees is bringing the general grievance straight to Rexen Inc's management to have them resolved.

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You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by q = 36 – 4p and c(q)
NISA [10]

As given in the item above, the demand function is,

 

<span>   q = 36 – 4p</span>

 

To determine the inverse function,

<span> Replace every q with p and every p with q and solve for the new q’s as shown below.</span>

 

<span>   p = 36 – 4q</span>

 

Simplify the equation to determine the value of q.

<span>  4q = 36 – p</span>

<span> q = 9 – p/4</span>

 

<span>Answer: q = 9 – p/4</span>

6 0
2 years ago
On January 1, 2021 Exibit Company purchased land costing $800.000. Instead of paying cash at the time of purchase. Jalen plans t
Murrr4er [49]

Answer: Exhibit journal $

Date

January 1 2021

Land Dr. 800,000

Creditors. Cr. 800,000

Recognition of land purchased on four installment payment with 6% interest.

June 30,2021

Installment principal Dr 191,221.64

Installment Interest Dr 24,000

Bank Cr. 215,221.64

Narration. Payment of installment principal and interest as at date.

December 31,2021

Installment principal Dr 191,221.64

Installment Interest Dr. 24,000

Bank Cr. 215,221.64

Narration.Payment of installment principal and interest due for date.

B. The balance on notes payable and Interest as at December 31 2021 is zero.

Explanation:

The notes is recognised by increasing the creditors accounts with a credit posting while the land is recognised by debiting the asset accounts.

The interest elements which is calculated on the total sum of 800,000 per annum is divided into two and the results separated from the biannual installment payment, the interest elements will be equally debited to the income statement.

There is no outstanding installment or Interest to be paid as at December 31 2021 , though there is two equal installment and interest still outstanding on the loan but they will not be due until 2022 based on facility agreement.

3 0
2 years ago
A.J. And April Couch just opened a computer store in a small community. Before opening the store, they listened to their SBA cou
SVETLANKA909090 [29]

Answer: about two out of three small firms close within five years of their founding

Explanation:

According to a research that was done, it was found that out of three small firms, two close within the first five years they were established.

The reasons that were said to have caused this failure were funding challenges, faulty business model, inadequate management team and marketing initiatives that were unsuccessful.

Therefore, small business owners sgoutd try as much as possible to curtail risks that could possibly lead to the downfall of the business and also make sure the consumers are willing to purchase the product at the price given and that the product satisfies their needs.

7 0
2 years ago
After you are done taking notes from a speaker, you should _____.
ExtremeBDS [4]

Answer: D

Explanation:

It's best to review your notes and clarify to make sure that you understand what the speaker has said grasped the idea.

~~~Inuola1234

6 0
2 years ago
Matrice has been working as a creative head at Ace Designs for 10 years. Her growth at Ace has made her one of the industry's fi
olga_2 [115]

Answer: continuance commitment

Explanation:

The above scenario explains a continuance commitment. This occurs when a worker remains with a particular organization after he or she looks at both the benefits and costs of leaving and sees that the cost of leaving the organization outweighs the benefits.

In this case, even though Matrice has had several recruiters offering interviews for possible positions at different companies, he believes that he should stay as a result of the medical insurance benefits that he gets. This is thus referred to as continuance commitment.

5 0
2 years ago
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