Lengthy, Detailed, Legally-Binding Union Contracts Have Clashed with Employers' Need

question 5

Short Answer

Lengthy, detailed, legally-binding union contracts have clashed with employers' need for greater _____________________ that they argue is necessary for adapting to today's competitive, fast-changing business environment.

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Definitions:

Financial Losses

The negative financial result from business operations, investment activities, or other financial transactions, where expenses exceed revenues or costs outweigh benefits.

French Revolution

A period of radical social and political upheaval in France (1789–1799) that fundamentally changed the course of French history.

German Nationalism

Refers to the nationalist movement that promoted the unity of German-speaking peoples and the creation of a nation state by the 19th century.

Continuous French Presence

Refers to the ongoing influence or physical presence of France or French culture in a specific area over an extended period.