Regarding the Storing Function

question 33

Multiple Choice

Regarding the storing function:

• A) Public warehouses are storing facilities owned or leased by companies for their own use.
• B) Private warehouses are most useful when a company does not have a regular need for space.
• C) Public warehouses are independent storing facilities and provide a full range of services.
• D) Private warehouses are designed to speed the flow of goods.
• E) None of these alternatives is correct.

---

Definitions:

Collective Bargaining

The process by which labor unions negotiate with employers to reach agreement on wages, work conditions, and benefits.

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions.

Lockout

A tactic used by employers to pressure employees by temporarily closing the business during a labor dispute to compel workers to accept company terms.

Labor Union Membership

Involvement in an organization that represents the collective interests of workers in negotiations with employers over wages, benefits, and working conditions.