Use the Information Below to Answer the Following Questions

question 87

Multiple Choice

Use the information below to answer the following questions.
Fact 18.3.1 In Modern Rarity, Workers Form Union at Small Chain
In New York's low-income neighbourhoods, labour unions have virtually no presence. But after a year-long struggle, 95 workers at a chain of 10 sneaker stores have formed a union. After months of negotiations, the two sides signed a three-year contract that sets the wage rate at $7.25 an hour.
Source: The New York Times, February 5, 2006
-Refer to Fact 18.3.1. The winners from this contract are ________. The losers from this contract are ________.

• A)workers who keep their jobs; owners of the firms, consumers, and workers who are fired
• B)workers who keep their jobs and consumers; owners of the firms and workers who are fired
• C)the government; owners of the firms, consumers, and workers who are fired
• D)workers who keep their jobs and owners of the firms; workers who are fired
• E)workers who keep their jobs and owners of the firms; the government

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Definitions:

Top-Down Change

A change management strategy where decisions and initiatives are initiated by the upper management or leadership and then communicated down through the ranks of the organization.

Senior Management

The highest level of management in an organization, responsible for the overall direction and success of the company.

Initiation Of Change

The process of starting to implement actions that will alter the status quo within an organization or system.

Top-Down Change

Organizational change initiatives that are initiated by upper management and imposed on lower levels of the organization, often requiring compliance.