A Firm Should Be Transparent, Meaning

question 41

Multiple Choice

A firm should be transparent, meaning

• A)the windows at headquarters should be cleaned regularly
• B)if executives lie during a stockholder meeting, people should be able to see right through them
• C)someone should be able to look at the books and the balance sheet and tell exactly what's going on
• D)None of the answers is correct
• E)All of the answers are correct

---

Definitions:

Union Representation

The act of being represented by a labor union or trade union in negotiations and legal matters with an employer.

Card-Signing Campaign

A union organizing strategy where employees sign cards indicating their support for union representation in the workplace.

Distributive Bargaining

A negotiation strategy that involves a fixed amount of resources being divided between parties, often leading to a win-lose scenario.

Win-Lose Situation

A competitive scenario where one party's gain is inherently due to another party's loss, emphasizing a zero-sum outcome.