Unions Often Encourage the Buying Public to "Look for the Union

question 66

Multiple Choice

Unions often encourage the buying public to "look for the union label" primarily because

• A)they feel that only U.S.and/or union-made goods are of high quality.
• B)they feel that it is un-American to buy goods from foreign producers.
• C)doing so may increase demand for the product they produce, which in turn may increase the wage rate paid to union employees.
• D)they realize that Americans are too busy to take time to gather all the important information about a product and these labels are a way of informing the buying public that union-made goods are well made.

---

Definitions:

Strategic Alliances

Partnerships between two or more companies to pursue a set of agreed upon objectives while remaining independent organizations.

Intellectual Property

Legal rights related to creations of the mind, such as inventions, literary and artistic works, symbols, names, and images.

Organizational Success

The achievement of the goals and objectives set by an organization, typically measured by various performance indicators.

Total Cost Of Ownership

An accounting framework that considers all the direct and indirect costs associated with acquiring and using a product or system over its entire life cycle.