The Purpose of a Management Rights Clause Is to Ensure

question 84

Multiple Choice

The purpose of a management rights clause is to ensure that management:

• A) Does not interfere with the rights of the union or rights of employees.
• B) Has the ability to file unfair labor practice charges against the union if the union violates their rights.
• C) Maintains decision-making authority over traditional management functions.
• D) Has unilateral control over wages, benefits, and hours of work.

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Definitions:

Bond

A fixed income investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a fixed interest rate.

Dividends

Financial dividends issued by a corporation to its stockholders, primarily generated from the organization's revenues.

Coupon Payments

Periodic interest payments made to bondholders during the life of the bond.

Coupon Payment

The regular interest payment that a bondholder receives from the bond's issue date until it matures.