What Has Been the Effect of International Competition on American

question 7

Multiple Choice

What has been the effect of international competition on American unions?

• A)There has been greater solidarity in the international labor movement.
• B)American unions have been successful in organizing new locals abroad.
• C)Unions have begun offering their members classes in Japanese language and culture.
• D)Collective bargaining has been weakened because of demands for wage concessions and plant closings.
• E)Unions have ignored the effects of international competition.

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Definitions:

Sales Forecast

An estimate of the quantity of goods or services that will be sold in a future period.

Budget Committee

A group of individuals responsible for overseeing the creation and management of an organization's financial plan or budget.

Responsibility Levels

This concept refers to the hierarchy within an organization that delineates the scope of authority, decision-making power, and accountability.

Budget Period

The specific time period for which a budget is prepared, outlining expected revenues, expenses, and resource allocations.