The Practice of a Union Negotiating an Agreement with One

question 35

Multiple Choice

The practice of a union negotiating an agreement with one employer and then attempting to negotiate a similar agreement with other employers is known as:

• A) industry bargaining
• B) centralized bargaining
• C) pattern bargaining
• D) distributive bargaining
• E) attitudinal structuring

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Definitions:

Departments

Divisions within an organization, each responsible for specific functions or tasks.

Departmental Predetermined Overhead Rates

Rates calculated in advance for each department, used to assign overhead costs based on estimated activity levels.

Machine-Hours

A measure of the total time that machines are operating, often used as a basis for allocating manufacturing overhead costs.

Markup

The amount added to the cost price of goods to cover overhead and profit, resulting in the selling price.