If a Union Has Been Successful in Getting a Majority

question 47

Multiple Choice

If a union has been successful in getting a majority of workers to sign authorization card,it may be in the company's best interest to consider ________ to recognize the union without a certification election.

• A)Grievance mediation
• B)a neutrality agreement
• C)binding arbitration
• D)interest based negotiation
• E)Impasse resolution

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Definitions:

Economic Profits

The excess amount after subtracting total expenses from total revenues, considering both explicit and implicit costs.

Demand Curves

A graph representing the relationship between the quantity of a good consumers are willing and able to purchase and its price.

Industry

A sector of the economy that produces goods, services, or related products, categorized by their business activities.