Before a Union Can Be Formed at a Particular Firm

question 140

Multiple Choice

Before a union can be formed at a particular firm,

• A) the union must gain permission from the company's management.
• B) the union must gain permission from the federal government.
• C) the employees of the firm must go on strike.
• D) some employees of the firm must be interested in union representation.
• E) some employees of the firm must demonstrate that management is unable to act in the best interests of the employees.

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Definitions:

Beginning of Year

The start of a calendar or fiscal year, commonly used as a reference point for financial and accounting purposes.

Direct Material

Raw materials that are directly traceable to the production of a specific good or service.

Purchased

Refers to items or services that have been bought by a company from outside suppliers.

Raw Materials Inventory

Stocks of the basic raw materials that are input into a manufacturing process and are waiting to be processed or used.