Which of the Following Is Not a Reason Why Unionized

question 134

Multiple Choice

Which of the following is not a reason why unionized firms can successfully compete with nonunionized firms?

• A)Employee morale may be higher at unionized firms, so workers are more productive.
• B)Communication between management and workers is better at unionized firms.
• C)Labor turnover is lower at unionized firms, so unionized firms have lower hiring costs.
• D)Unionized firms are legally protected from price competition with nonunionized firms.

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Definitions:

Royalty

A payment made to the owner of certain property rights for the use of those rights by others, common in publishing and patenting.

Strategic Alliance

A partnership between businesses, forged to leverage competitive advantages without sacrificing their individual autonomy.