Unions That Are Composed of Workers Who Possess the Same

question 52

True/False

Unions that are composed of workers who possess the same skills or trades,usually within a certain geographical area,are called industrial unions.

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Definitions:

Joint Venture

Involves the joining together of parts of companies to accomplish specific, limited objectives. Joint ventures are controlled by the combined management of the two (or more) parent companies.

Independent Companies

Firms that operate independently without being owned or controlled by another entity or conglomerate.

Specific Objective

A clearly defined and measurable goal that an organization or individual aims to achieve.

Resources

Assets or inputs used to produce goods and services, including natural, human, and capital resources.