What are the factors that influence a firm’s ability to pay?

Words: 189
Pages: 1
Subject: Economics
This quiz contains 8 short answer Your answers should be 1- 3 paragraphs long and will be worth a total of 100 points. – along with in-text citations

What are the factors that influence a firm’s ability to pay?
Which characteristics of grade structures must be negotiated?
List the rules of the Employee Retirement Income Security Act (ERISA) that employers with pension plans must comply with.
How do unions typically affect the pay systems for those they represent?
Why was the Fair Labor Standards Act enacted?
Why are “Grievance Procedures” a high-priority bargaining issue for unions? Explain with an example.
What is a “closed shop?”
What is meant by “union dues check-off”, and how does it benefit all parties?

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