Bargaining Power Can Best Be Described As

question 71

Multiple Choice

Bargaining power can best be described as:

• A) The ability to secure another's agreement on your own terms.
• B) The ability of an arbitrator to dictate the final terms of a bargaining contract.
• C) The NLRB's ability to require parties to bargain in good faith.
• D) The ability of employees to decertify a union if they are dissatisfied with its performance.

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Definitions:

Corporate Dividend

The distribution of a portion of a company's earnings, decided by the board of directors, to its shareholders.

Stock Repurchase

A stock repurchase is a program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares.

Tax Liability

The total amount of tax owed to the government by an individual, organization, or corporation.

Cash Dividend

A distribution of a company's earnings to its shareholders in the form of cash.