Why Are Unions Created

question 77

Multiple Choice

Why are unions created?

• A) They are a way for employers to keep tabs on their employees.
• B) They are just a natural feature of most workplaces.
• C) Professionals use them to dominate lower-level employees.
• D) They are a way for employees to have a collective voice.

---

Definitions:

Joint Process Costs

Costs incurred during a production process that yields multiple products simultaneously until the point of separation where products can be identified individually.

Make or Buy Decision

A decision-making process where a business evaluates the cost benefits of manufacturing a product in-house versus purchasing it from an external supplier.

Fixed Overhead

Costs that do not vary with production volume, such as rent, salaries, and insurance, required to operate a business regardless of production levels.

Variable Cost

Costs that change in proportion to the level of goods or services that a business produces.