Each Stage of the Value Chain Not Only Adds Value

question 73

Multiple Choice

Each stage of the value chain not only adds value to the product but also ________.

• A)attracts buyers
• B)accumulates costs
• C)devalues the final product
• D)attracts competitors

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Definitions:

Nonunion Workers

Employees who are not members of a labor union and do not receive the benefits of collective bargaining agreements.

Associational Unionism

A form of unionism where the union acts more as an association providing services and support to its members, rather than engaging in collective bargaining or industrial actions.

Exclusive Representation

a situation where a single labor union is designated as the sole representative of all employees in a bargaining unit, responsible for negotiating terms of employment.

Employee Empowerment Unionism

A labor movement approach focusing on strengthening workers' autonomy, decision-making, and participation in workplace and union governance.