Identify a True Statement About Decertification of Unions

question 63

Multiple Choice

Identify a true statement about decertification of unions.

• A) A union can become decertified while an existing labor contract is in force.
• B) The National Labor Relations Board conducts a decertification election if 20 percent of the eligible employees in an organization's bargaining unit sign the decertification cards.
• C) The union being decertified must have served as the official bargaining agent for the employees for at least 1 year.
• D) After a union has been decertified, a new election can be requested within 1 year.

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Definitions:

Portfolio Beta

A measure of the volatility, or systematic risk, of a portfolio in comparison to the market as a whole.

Beta

A measure of a stock's volatility in relation to the overall market; used in the CAPM to calculate a stock's expected return.

Coefficient Of Variation

A statistical measure that indicates the relative variability of data points in a data series around the mean, often used to assess the risk of an investment.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.