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Author Question: Suppose that due to a shortage of parts from its Asian suppliers, Apple experienced a 25% drop in ... (Read 24 times)

cmoore54

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Question 1

Suppose that during a recession, Whirlpool saw the demand for its major appliances fall by one-third. Even though the demand decreased, Whirlpool chose to maintain wages for its non-union employees. This is an example of


◦ a relative-wage contract.
◦ employment-at-will.
◦ an explicit contract not to cut wages.
◦ an implicit or social contract not to cut wages.

Question 2

Suppose that due to a shortage of parts from its Asian suppliers, Apple experienced a 25% drop in its sales. Even though its sales decreased, Apple did not cut the wages of its non-unionized workers. This is an example of


◦ an implicit or social contract not to cut wages.
◦ employment-at-will.
◦ poor management.
◦ an explicit contract not to cut wages.


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Marked as best answer by cmoore54 on Apr 19, 2019

chem1s3

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cmoore54

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


ebonylittles

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Reply 3 on: Yesterday
Gracias!

 

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