Frank Singh is employed as a part-time instructor at a college. He is very anti-union. There is a union for college instructors
On receiving his first pay cheque, Frank is outraged to learn that union dues have been deducted: he did not join the union. What is the name for this arrangement for mandatory union deductions?
A) Closed shop
B) Union shop
C) Rand formula
D) Labour shop
E) Socialism
C
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Fran McClure of Alba Advisers is estimating the cost of capital of Frontier Corporation as part of her valuation analysis of Frontier. McClure will be using this estimate, along with projected cash flows from Frontier's new projects, to estimate the effect of these new projects on the value of Frontier. McClure has gathered the following information on Frontier Corporation: Current Year ($) Forecasted for Next Year ($) Book value of debt 50 50 Market value of debt 62 63 Book value of shareholders' equity 55 58 Market value of shareholders' equity 210 220 The weights that McClure should apply in estimating Frontier's cost of capital for debt and equity are, respectively:
a. wd = 0.200; we = 0.800. b. wd = 0.185; we = 0.815. c. wd = 0.223; we = 0.777.
Can organizations change more than one thing at a time?
A) Yes; internally and externally driven forces dictate that changes have to occur, not wait in a queue B) No; the models can't work together or employees will get confused C) Yes; they can only work on changes following one model at a time D) No; managing one change is hard enough. More than one change would place undue stress on an already taxed management team