____ Are Labor Organizations That Represent Various Groups of Professional

question 14

Multiple Choice

____ are labor organizations that represent various groups of professional and whitecollar
Employees in labor management relations.

• A) craft unions
• B) industrial unions
• C) employee associations
• D) management clubs

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Definitions:

Offshoring

Refers to the practice of relocating business operations or processes to another country, typically to reduce costs.

Exporting Jobs

The practice of relocating jobs and production facilities from one country to lower-cost or more efficient locations abroad, affecting the labor market in the country of origin.

Importing Products

Activities involving the bringing of goods or services from a foreign country into a domestic market.

Major Exports

Products or services that a country sells to others, which constitute a significant portion of its total exports and are crucial to its economy.