The Idea That Unions Benefit People in Communities by Holding

question 43

Multiple Choice

The idea that unions benefit people in communities by holding employers accountable for the way they treat workers is an example of a(n) ________ goal.

• A) management
• B) union
• C) industrial
• D) societal
• E) economical

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Definitions:

Cost

The value of the expenses incurred in the production or acquisition of a good or service, including materials, labor, and overheads.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss.

Net Income

The concluding profit margin of a company after deducting all operational expenditures and taxes from its income.

Revenues

Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.