The Presence of Unions in an Industry Results in Which

question 33

Multiple Choice

The presence of unions in an industry results in which of the following effects on compensation practices in that industry EXCEPT:

• A) Unionized organizations pay more
• B) Unionized organizations have less-performance-based pay
• C) Unionized organizations tend to offer better benefits
• D) Unionized and nonunionized organizations pay similar wages
• E) All of the above are union effects

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Definitions:

Inventory Transportation

The process and cost involved in moving inventory from one location to another, usually from warehouses to retailers or customers.

Point to Point

A communication or transportation method that directly connects two locations without any stops in between.

Supply Chain

The series of steps involved in manufacturing and distributing a product.

Faster Transportation

refers to the optimization of delivery and shipping processes to reduce transit times and improve the efficiency of moving goods from origin to destination.