If Management Voluntarily Recognizes a Union or If a Union

question 60

True/False

If management voluntarily recognizes a union or if a union already represents employees, the focus is shifted from dealing with employees as individuals to employees as a group.

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Definitions:

Foreign Stocks

Shares of companies based outside the investor's home country, offering diversification benefits in a portfolio.

Currency Exposure

Refers to the risk of loss from fluctuations in exchange rates that can affect an investor's or company's investments, assets, and liabilities.

ADRs

American Depositary Receipts, a way for investors to own shares in a foreign company through U.S. securities exchanges.

WEBS

Exchange-traded funds (ETFs) that specifically track the performance of non-U.S. markets, commonly known as World Equity Benchmark Shares.