The Final Step in Collective Bargaining Is Ratification, Which Is

question 122

True/False

The final step in collective bargaining is ratification, which is the approval of the contract by the NLRB.

---

Definitions:

Direct Materials

Components and primary raw inputs used in the creation of a product, identifiable as integral parts of the finished product.

Direct Labor

The wages or expenses incurred for labor that is directly involved in the manufacturing of a product.

Process

A series of actions or steps taken in order to achieve a particular end in business or manufacturing.

Job Order

A work instruction or order for producing a specific quantity of a product or service according to customer specifications.