With Reference to the Impact of Unions on Company Performance

question 30

Multiple Choice

With reference to the impact of unions on company performance, it can be said that companies wishing to become more competitive must

• A) continually monitor their labor relations strategy.
• B) prohibit unions.
• C) actively encourage unions.
• D) deny collective bargaining rights to their employees.
• E) pay workers well above market rates.

---

Definitions:

Cumulative Voting

A system of voting for corporate directors that is designed to benefit minority shareholders by allowing shareholders to multiply their voting shares by the number of directors to be elected.

Cumulative Voting

A voting system used in corporate elections that allows shareholders to concentrate their votes on a single candidate rather than distributing them among multiple candidates.

Proxy Voting

The process by which shareholders vote on company matters through a representative rather than in person.

Shareholders

Individuals or entities that own shares in a company, making them partial owners of the company.