The Introduction of a Union May Have a "_______" on Management,pressuring

question 71

Multiple Choice

The introduction of a union may have a "_______" on management,pressuring it into tightening standards and accountability and paying greater heed to employee input in the design and management of production.

• A)negative effect
• B)shock effect
• C)proactive effect
• D)cascading effect

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Definitions:

Common Stock

Shares of ownership in a corporation, granting holders voting rights and a portion of profits in the form of dividends.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders’ equity at a specific moment, showing the company's financial position.

Wages Payable

The total amount of wages that a company owes to its employees for work that has been completed but not yet paid for.

Common Stock

Common stock represents units of ownership interest or equity in a corporation and usually comes with voting rights to elect the board of directors.