In Organized Work Environments, the Terms, Conditions, and Privileges of Employment

question 15

Multiple Choice

In organized work environments, the terms, conditions, and privileges of employment are specified under a contractual arrangement called:

• A)Employment contract
• B)Collective bargaining agreement
• C)Employee handbook
• D)Form I-9

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Definitions:

Strategic Business Unit

A division or unit within a company that has its own mission, objectives, and competitors, and is managed independently.

Revenue Centre

A segment or area of a business responsible for generating sales and revenue, without direct responsibility for profit or cost.

Investment Centre

A business unit or division within an organization that is responsible for generating its own revenues and managing its own investments and expenses.

Profit Centre

A business unit or department within an organization that is responsible for generating its own revenue and profit.