Which of the Following Is True of Union Membership and Bargaining

question 3

Multiple Choice

Which of the following is true of union membership and bargaining power?

• A)Unions have perfectly adapted themselves to recent changes in the economic structure.
• B)For nonunion employers, union avoidance is an important employee relations objective.
• C)Since the 1960s, regulation of many employment areas has decreased.
• D)Western European countries generally have lesser regulations and lower levels of union membership than the United States.
• E)The absence in the United States of a history of feudalism has contributed to a more class-conscious unionism.

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Definitions:

Current Asset

Assets that are expected to be converted into cash, sold, or consumed within one year or within the company’s normal operating cycle if longer.

Plant and Equipment

Plant and Equipment are long-term assets used in the operation of a business, not intended for resale, including machinery, buildings, and vehicles.

Long-Term Liabilities

Obligations that are not due or payable for a long time, usually for more than a year.

Net Sales

The total revenue from sales reduced by returns, allowances, and discounts.