Michael Porter Estimates That It Takes Approximately Five Years to Duplicate

question 64

True/False

Michael Porter estimates that it takes approximately five years to duplicate a competitive edge in human resources.

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Definitions:

Exclusive Representation

Refers to the rights of a duly selected union to be the sole representative of all employees in a bargaining unit, negotiating on their behalf.

Company-Dominated Unions

Labor organizations that are controlled or heavily influenced by the employer, rather than being an independent body representing workers' interests.

Wagner Act

A foundational piece of U.S. legislation, formally known as the National Labor Relations Act of 1935, which established the legal right for workers to form unions and engage in collective bargaining.

Wagner Act

Also known as the National Labor Relations Act of 1935, a foundational U.S. law that established the rights of employees to engage in collective bargaining and union activities.