The Results of a Decision Which Affect People Other Than

question 31

True/False

The results of a decision which affect people other than the decision- taker are called externalities.

---

Definitions:

Bargaining Unit

A group of employees with a clear and identifiable community of interests, recognized by an employer or by law, that is represented collectively in negotiations by a union.

Representation Elections

Elections conducted to determine whether workers wish to be represented by a union, and if so, which union should represent them.

U.S.

A country consisting of fifty states and a federal district, known officially as the United States of America, which is a federal republic in North America.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.