Which of the Following Statements Best Summarizes the Extent to Which

question 15

Multiple Choice

Which of the following statements best summarizes the extent to which unions currently rely on strikes as a tactic when collective bargaining breaks down?

• A) Unions have become increasingly reliant on strikes as other, less confrontational, tactics have proven unsuccessful.
• B) Some highly visible strikes in recent years show that the strike is not dead as a labor tactic, but very few labor disputes actually lead to a strike.
• C) Unions have almost completely avoided strikes since President Reagan replaced striking air traffic controllers with strikebreakers in 1981.
• D) Strikes organized by unions are now less common than lockouts by management, indicating a major shift in attitudes between labor and management.

---

Definitions:

Cash Dividend

A cash disbursement from a corporation to its shareholders, derived from its earnings.

Par Value

The face value of a bond or stock as stated on the certificate, which is the minimum amount the security can be sold for upon initial offering.

Stated Value

The amount per share assigned by the board of directors to no-par value stock.

Per Share Value

The financial value of a single share of a company's stock, representing a fraction of the corporation's assets and earnings per share.