From a Societal Standpoint,the Weakened Position of Unions in the U.S.is

question 51

Multiple Choice

From a societal standpoint,the weakened position of unions in the U.S.is potentially problematic for all of the following reasons except:

• A)A weakened labor movement is less able to provide management with the flexibility it needs to succeed in today's demanding competitive environment.
• B)Weaker unions are unable to counter trends toward a greater income inequality in society.
• C)Weaker unions are less able to provide training and work standards that ensure high quality,safe products and services,and safe working conditions.
• D)Aggrieved workers are pushed to strike or act out in other ways (e.g. ,sabotage)that are detrimental to the flow of goods and services or to public safety.

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Definitions:

Ultimate Pension Payments

The total amount of pension payments that will be made to an employee under a defined benefit pension plan over the course of their retirement.

Service Cost

The actuarial present value of benefits earned by employees in the current period under a defined benefit plan, included in pension expense.

Interest Cost

The cost incurred by an entity for borrowing funds, typically reflected as an expense in the income statement.

Pension Expense

The annual cost recognized by an employer for maintaining a retirement plan for its employees.