Why Are Unions in Manufacturing Sometimes Suspicious of Top-Management Sponsored

question 26

Multiple Choice

Why are unions in manufacturing sometimes suspicious of top-management sponsored participation programs?

• A)Union workers do not want to participate in programs that will make them work harder.
• B)The history of the labor movement and extreme employer resistance has made unions suspicious of management at all times.
• C)Unions are afraid management will make use of workers' participation efforts and then move production overseas.
• D)Unions are not interested in improving the efficiency of production, which is often a goal of participation programs.
• E)Unions generally are not suspicious of top-management sponsored participation programs.

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Definitions:

Elastic Demand

A market condition where the demand for a product is sensitive to price changes, meaning that a small change in price results in a large change in the quantity demanded.

Deadweight Loss

A loss in economic efficiency that occurs when the optimal quantity of a good or service is not produced or traded.

Labor Markets

Economic marketplaces where labor services are bought and sold, and wages, employment levels, and working conditions are determined.

Inelastic Supply

A situation where the quantity supplied of a good or service is relatively unresponsive to changes in its price.