The Designation Granted to a Labor Union by the Federal

question 38

Multiple Choice

The designation granted to a labor union by the federal government that indicates that the union has been selected by secret ballot of employees to be the exclusive representative of a group of employees is called:

• A) multilateral bargaining.
• B) exclusive recognition.
• C) amalgamation.
• D) national consultation.
• E) empowered representation.

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Definitions:

Volatile Stock

Shares of a company that exhibit significant fluctuations in price over short periods of time due to various factors.

Risky Stock

Shares of a company with a high level of risk, often due to volatility, uncertainty, or both, potentially leading to high returns or losses.

Diversified Portfolio

An investment portfolio constructed with a mix of assets to reduce exposure to risk associated with any single asset or asset class.