Author Question: Featherbedding refers to the practice of: a. disallowing members from joining labor unions. b. ... (Read 251 times)

hbsimmons88 · **on:** Jun 30, 2018

Featherbedding refers to the practice of:
a. disallowing members from joining labor unions.
b. hiring lesser number of laborers than what is required.
c. terminating employment without notice.
d. hiring more laborers than what is necessary.

Question 2

Which of the following was a consequence of the financial revolution which drastically changed risk management in the 1970s?
a. Managements created separate categories for handling different types of risks.
b. A group of specialists were created who handled risk assessment for the entire organization and reported only to headquarters.
c. Risk analysis was decentralized by concentrating on risks at the division-level.
d. It became easier to assess market risk with the introduction of various new tools of financial management.