1. Define Grievance and list the steps (5) in Grievance Procedures.?
2. Define Employee Misconduct. Differentiate between minor and serious offenses.
3. A firm uses 20,000 units of an item per year. The carrying cost is 25% of the $10 price, the cost of ordering is $10 and the firm used the EOQ to order. The annual total cost of carrying plus ordering would be:
1) $2,500
2) $5,000
3) $100
4) $1000
5) none of the above