In Collective Bargaining, a Labor Union

question 102

Multiple Choice

In collective bargaining, a labor union

• A)discusses the job description of each member with the firm the member is employed by.
• B)bargains with management on behalf of all its members.
• C)usually tries to get each of its members to join a training program that can increase his or her productivity.
• D)b and c
• E)a, b, and c

---

Definitions:

Collection Agency Transaction

The process or action where a business specializing in collecting debts manages or conducts a financial operation, usually the collection of overdue accounts.

Cycle Billing

Cycle Billing is a process where bills are generated for different groups of customers at various times during the month, rather than all at once.

Monthly Billing

A billing system where charges for services or goods are invoiced or billed on a monthly basis.

Computerized Billing

This pertains to the use of computer systems and software to manage billing processes, often automating many aspects of invoicing, tracking payments, and account management.