Which of the Following Statements Best Describes the Role of Unions

question 46

Multiple Choice

Which of the following statements best describes the role of unions in wage determination?

• A)When labour is scarce, the balance of power tilts toward the employers.
• B)It is the supply and demand for labour that determines wages and not the union.
• C)The union insists on individual merit-based performance measures when the organization faces external competition pressure.
• D)During periods of higher unemployment, the impact of unions is lesser.
• E)The role of unions in administering compensation is outlined primarily in the contract.

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Definitions:

New Tenant

An individual or entity that has recently entered into a lease agreement for a property.

Reasonable Means

Methods or actions that are considered sensible and practical under the circumstances for achieving a certain goal.

Breaches its Lease

Occurs when one party fails to fulfill their contractual obligations under the terms of a lease agreement.

Premises

A building or land specified in a legal document or agreement, often related to business or residency.