The Age of Automation and the Rise of the Service

question 41

Multiple Choice

The age of automation and the rise of the service sector have

• A) led to increased power for labor unions.
• B) eliminated the need for interest groups for workers.
• C) led to an increase in the percentage of blue-collar workers in the total working population.
• D) led to attempts to unionize migrant farm workers, service workers, and public employees.
• E) caused the collapse of all labor interest groups.

---

Definitions:

Operations

Activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders.

Investing Activities

Transactions involving the purchase or sale of long-term assets and investments, reflecting a company's spending or gains from such assets.

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of an entity.

Operations

Refers to the ongoing activities of a business that are involved in the production and distribution of products or services.