After hammering out a tentative contract with the company, the ...

[K@]

After hammering out a tentative contract with the company, the union representatives present the agreement to union members to be voted on. This step in the collective-bargaining process is known as:
 A) mediation.
  B) ratification.
  C) the grievance procedure.
  D) arbitration.
  E) verification.

Question 2

In 2000, American energy, commodities, and services company Enron, repeatedly told investors to buy additional Enron stock or hold onto their existing shares. During this time, company executives were aware of hidden losses that were not known by the public and sold their shares of the company. Which of the following best describes Enron's actions during this time?
 A) Enron had a conflict of interest in that it gave investors information to help them earn more money.
  B) Enron lacked transparency in that it did not provide accurate financial information to customers and investors.
  C) Enron did not act socially responsible.
  D) Enron quieted whistle blowers by giving them access to private financial information.
  E) Enron competed fairly and honestly because they did not break any laws or regulations.

[mk6555]

Answer to Question 1

B

Answer to Question 2

B

[K@]

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