Which of the Following Is Not a Major Reason for the Decline

question 221

Multiple Choice

Which of the following is not a major reason for the decline of unionism in the U.S.?

• A) Employment has shifted away from manufacturing toward services.
• B) Management has greatly intensified its opposition to unions.
• C) Consumer demand has shifted toward foreign manufactured goods and away from union-produced domestic goods.
• D) Nonunion firms continue to have poor working conditions.

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Cash Flow Time Line

A visual representation that maps out all cash inflows and outflows of a project or investment over time.

Operating Cycle

The period from when a company acquires inventory to when it collects cash from the sale of that inventory, indicating the efficiency of a company's operations.

Restrictive Covenant

A clause in a contract which restricts the actions of parties to the contract for the benefit of other parties to the contract or to protect the value of a related asset.