Which of the Following Statements Is the Most Accurate Assessment

question 37

Multiple Choice

Which of the following statements is the most accurate assessment of the historical role of the AFL in the labor movement? In its early years the AFL:

• A) attracted a lot of public attention and political support because it was the first truly national labor organization in the United States.
• B) operated as one union, but soon split into two interdependent groups and became known as the AFL-CIO.
• C) was a federation of craft unions that championed basic labor issues.
• D) had limited success because it suffered from poor leadership.

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Definitions:

Strategic Merger

The combining of two companies with the aim of achieving specific business objectives, enhancing competitiveness, or expanding market reach.

Acquired Firm

A company that has been purchased or taken over by another company.

Enhance

To improve the quality, value, or extent of something.

Business Position

An assessment of a company's status in the market, considering its financial condition, competitive standing, and growth potential.