Unions Exist Primarily Because

question 101

Multiple Choice

Unions exist primarily because

• A)managers always try to take advantage of workers, so workers need protection.
• B)managers may take actions to benefit other stakeholders at the expense of workers.
• C)union leaders force people to form and join unions.
• D)the law requires that all employees in certain industries be part of a union.

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Definitions:

Total Assets

The sum of all current and long-term assets owned by a company, reflected on the balance sheet.

Net Sales

The revenue from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

ROE

Return on Equity, a profitability measure that calculates the ability of a company to generate profits from its shareholders' equity.

Profit Margin

A financial ratio that shows the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.