Which of the Following Is a Concern of Organized Labor

question 5

Multiple Choice

Which of the following is a concern of organized labor regarding multinational firms?

• A) A company can counter a union's bargaining power with the power to move production to another country.
• B) An international business will keep low-skilled tasks in its home country and farm out only highly skilled tasks to foreign plants.
• C) An international business can attempt to import employment practices and contractual agreements from its host country.
• D) A multinational company is more likely to receive government support in the case of hostile labor relations.

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Definitions:

Bowed Shape

A curve representing the relationship between two variables where the curve slopes outward, commonly used to describe certain types of economic functions.

Production Possibilities Frontiers

A figure that depicts the absolute maximum production capacities for two goods, based on a set of inputs that consist of resources and various additional components.

Technological Advances

Innovations and improvements in technology that enhance efficiency, productivity, and the quality of goods and services.

Trade-Off

The concept of giving up one benefit or advantage in order to gain another regarded as more favorable.