Which of the Following Is a Characteristic of an Industrial

question 70

Multiple Choice

Which of the following is a characteristic of an industrial union?

• A)All the members represent a particular occupation in an industry.
• B)It restricts the number of its members in order to maintain high wages.
• C)Membership is a result of working for a particular employer in the industry.
• D)The members change employers more frequently when compared to craft unions.
• E)All the members share a specialized skill common across an industry.

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Definitions:

Return On Investment

A financial metric used to evaluate the efficiency of an investment or compare the efficiency of multiple investments.

Residual Income

Income that continues to generate after the initial effort has been expended, often used as a metric to evaluate the performance of investment centers within companies.

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes involved in maintaining the activity.

Consistently

Consistently refers to acting or performing in the same manner over time, ensuring uniformity and reliability in behavior or outcomes.