What Is the First Step in the Union Certification Process

question 21

Multiple Choice

What is the first step in the union certification process?

• A) gain employer approval of unionization
• B) union-employee contact
• C) get sufficient number of employees to sign authorization cards
• D) set up a meeting between employees and an NLRB representative
• E) inform all stakeholders of union interest

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Definitions:

Price

The financial sum necessary for acquiring a good or service.

Willingness to Pay

The utmost expenditure an individual is comfortable making on a good or service, demonstrating the value they attribute to it.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, indicating economic welfare.

Market Price

The present cost at which a good or service can be purchased or sold within a competitive market.