Unions May Have a Negative Effect on Firm Productivity Due

question 23

Multiple Choice

Unions may have a negative effect on firm productivity due to which of the following?

• A) Collective voice increases the number of employee complaints.
• B) Formal grievance procedures are used to discuss workplace conflict.
• C) The industry may have a history of union-management conflict.
• D) Unions increase participative decision making.

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Definitions:

Gain Or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price, either positive (gain) or negative (loss).

Initial Cost

The purchase price or construction cost of an asset or investment, not accounting for depreciation or amortization.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use, reflecting its loss of value over time.

Gain Or Loss

The financial result when the selling price of an asset differs from its cost, resulting in either profit (gain) or deficit (loss).