A grievance process takes place when an employee charges the employer with a violation of a contractual obligation.

a. true
b. false

Ans: b. false

Business

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Defensive strategic market plans are strategies that ________

A) have a 3- to 5-year time horizon B) require investment in order to produce sales growth C) are not particularly effective at growing sales revenue D) limit short-run profit performance E) improve the long-run share position

Business

Find the probability that none of the 3 products is successful

A company markets educational software products, and is ready to place three new products on the market. Past experience has shown that for this particular software, the chance of "success" is 80%. Assume that the probability of success is independent for each product.

Business