If a Union Seeks to Maximize the Total Wage Bill

question 118

Multiple Choice

If a union seeks to maximize the total wage bill received by its members, then it

• A)should seek to establish the highest possible wage rate.
• B)should seek to establish the lowest possible wage rate.
• C)will find that this cannot be done under any circumstances.
• D)none of the above

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Definitions:

Reward Power

The ability of an individual to influence others' actions, behavior, or thinking by offering positive reinforcements such as bonuses, promotions, or other benefits.

Performance

The act of executing a task or function effectively, often measured against preset standards.

Rewards

Benefits or compensations given for achieving particular objectives or performing well.

Expert Power

The influence one possesses due to one's expertise, skills, or knowledge.