A Company Can Hire Non-Union Workers, but a Condition of Their

question 185

Multiple Choice

A company can hire non-union workers, but a condition of their employment is that they must join the union within their first 90 days on the job. This is an example of a

• A) right-to-work law.
• B) closed-shop.
• C) union shop.
• D) voluntary craft union.

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Definitions:

Net Income

The total earnings or profit of an individual or business after deducting expenses and taxes.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Variable Costs

Expenses that vary in relation to the amount of product or service produced by a company.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.