Identify a Condition That Has to Exist in Order to Predict

question 39

Multiple Choice

Identify a condition that has to exist in order to predict organizing attempts and union wins.

• A) Employers have to be dissatisfied and believe that they are individually unable to influence a change in the conditions causing their dissatisfaction.
• B) A majority of employees have to believe that collective bargaining would improve conditions more than changing jobs,and its benefits outweigh the costs.
• C) Employees in a unit covered by a collective bargaining agreement may decide to join unions.
• D) Satisfaction with employment conditions and a desire to make things even better than they currently are.

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Definitions:

Bond Rating

An evaluation provided by a credit rating agency regarding the creditworthiness of a bond issuer, affecting the interest rates and investment appeal of its bonds.

Secured Debt

A debt that is backed by collateral, providing the lender with assurance that the loan can be recovered if defaulted.

Unsecured Debt

A type of debt that is not backed by collateral, making it riskier for lenders and often resulting in higher interest rates for borrowers.

Reinvestment Rate Risk

The risk that the yield from reinvesting cash flows will be lower than the initial investment's yield, typical in fixed-income securities.