Which of the Following Is True of the Effects of Unions

question 83

Multiple Choice

Which of the following is true of the effects of unions on company performance?

• A) As a result of the type of pay system favored by unions, employees are more inclined to compete than cooperate.
• B) Most studies show that union workers are less productive than nonunion workers.
• C) On average, union members receive higher wages and more generous benefits than nonunion workers.
• D) The introduction of a union invariably results in the employer paying lesser attention to employee ideas.
• E) Evidence shows that unions have a large positive effect on profits.

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Definitions:

Linking Value

The benefit that arises from a product or service's ability to connect the customer with others, enhancing social or professional networks.

Symbolic Value

The significance that a product or brand holds, going beyond its functional utility, often associated with certain ideologies, status, or personal identity.

Value in Use

The practical and perceived worth of a product or service during its actual use, emphasizing its utility and effectiveness for the consumer.