A Labor Contract Is ________

question 94

Multiple Choice

A labor contract is ________.

• A) an agreement between employers for labor arrangements
• B) formed when negotiations are not initiated by unions
• C) a labor union contract for managerial staff
• D) often used as a synonym for collective bargaining
• E) a contract signed by employees who are not part of the union

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Definitions:

Competitive Analysis

The systematic evaluation of the strengths and weaknesses of current and potential competitors.

Technological Environment

Refers to the set of technological conditions and developments that affect the operation and performance of businesses.

SWOT Analysis

A strategic planning tool that evaluates an organization's strengths, weaknesses, opportunities, and threats.

External Environment

The external factors, forces, situations, and events outside the organization that can affect its performance.