Which of the Following Statements About Why Unionization and Collective

question 19

Multiple Choice

Which of the following statements about why unionization and collective bargaining are important is true?

• A) Employers typically do not change their methods of operation when union organizers appear.
• B) The core of union-management relations is the grievance procedure.
• C) Unionization typically gives employers more flexibility in hiring new workers.
• D) Unions can help employees get high wages, generous benefits, and other desirable conditions of employment.
• E) All of the above statements about why unionization and collective bargaining are important are true.

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Definitions:

Interest Income

Earnings generated from the lending of money or from deposit funds in interest-bearing accounts.

Eligible Dividends

Dividends designated by a corporation to be eligible for a lower tax rate on the dividend income received by an individual shareholder.

Tax Paid

Refers to the total amount of taxes remitted to the relevant tax authorities for income, sales, property, or other forms of taxes.

Cash Flow

The total amount of money being transferred into and out of a business, representing its operating, investing, and financing activities.