Why Might Employees Who Have Social Status Concerns Wish to Join

question 27

Multiple Choice

Why might employees who have social status concerns wish to join a union?

• A)to put to use any leadership talents they may have
• B)to increase protection from legislative changes and greater job security
• C)to increase training opportunities and gain more control over promotions
• D)to increase job security and employment equity

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Definitions:

Actual Cost

The true total amount spent on a project or acquisition, including all relevant expenses and fees.

Market Rate

The prevailing interest rate available in the marketplace for loans, savings, and investments, also reflecting the cost of borrowing money.

Weighted Average Cost

The calculation that takes into account the varying costs of goods and the quantity of each, to determine an average cost.

Preferred Stock

A class of stock that typically has a priority claim on dividends and assets in the event of liquidation over common stock.