Identify the Right Statement Regarding the Effects of Unions on Company

question 82

Multiple Choice

Identify the right statement regarding the effects of unions on company performance.

• A) As a result of the type of pay system favored by unions, employees are more inclined to compete than cooperate.
• B) Most studies show that union workers are less productive than nonunion workers.
• C) On average, union members receive higher wages and more generous benefits than nonunion workers.
• D) The introduction of a union invariably results in the employer paying less attention to employee ideas.
• E) Evidence shows that unions have a large positive effect on profits.

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Definitions:

Corporations

Legally constituted entities that are separate from their owners and have the rights to own assets, incur liabilities, and sell stocks.

Punishable

Refers to actions or behaviours subject to legal sanctions or penalties.

Shareholders' Election

The process by which the shareholders of a corporation vote to choose members of the board of directors or make decisions on other important matters.

Manipulate

To control or influence something or someone in a deceitful or unethical way.