If a Single Large Employer Bargains with an Inclusive Union

question 218

Multiple Choice

If a single large employer bargains with an inclusive union, the resulting labor market model can best be described as

• A) a cartel.
• B) countervailing power.
• C) a bilateral monopoly.
• D) an internal labor market.

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Definitions:

Strategic Objectives

Long-term organizational goals that help make a strategy successful.

Employee Skills

The abilities and expertise that employees possess, which enable them to perform tasks and solve problems in the workplace.

HR Continuum

A conceptual framework in human resources management that outlines the progression or range of HR activities from strategic to operational functions.