The Primary Purpose of Collective Bargaining Is to

question 129

Multiple Choice

The primary purpose of collective bargaining is to

• A) ensure worker participation in setting the goals and objectives of the company.
• B) establish and communicate clear guidelines for performance appraisals.
• C) limit the authority of management to set job categories and direct worker activities.
• D) negotiate a labor-management agreement that both the union and management are willing to accept.

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Definitions:

Variable Cost

A cost that changes in proportion with the level of output or activity.

Fixed Cost

Expenses that do not change with the level of output or sales, remaining constant even if the business activity varies.

Activity Variance

The difference between what was expected in terms of expenses or revenues for a particular activity level and what was actually realized.

Vehicle Operating Cost

The total expense associated with keeping a vehicle running, including fuel, maintenance, insurance, and depreciation.