Which of the Following Is True of the Collective Bargaining

question 87

Multiple Choice

Which of the following is true of the collective bargaining process?

• A) It begins as soon as the union is formed, irrespective of certification.
• B) The National Labor Relations Act requires the employer and the bargaining unit representative to bargain in good faith and reach an agreement.
• C) The National Labor Relations Board has the power to order the parties to accept any contract provision.
• D) Failure of the employer to bargain in good faith is an unfair labor practice under Section 8(a)(5).

---

Definitions:

Projected Sales Growth

An estimate of the rate at which a company's sales are expected to increase over a specific period.

Pro Forma Balance Sheet

A financial statement that projects the future financial position of a company, showing assets, liabilities, and equity based on hypothetical scenarios.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a particular period.

Profit Margin

A measure of profitability calculated as net income divided by revenue, expressed as a percentage.