Employers Prefer Decentralized Bargaining Structures Because It Causes Local Unions

question 107

Short Answer

Employers prefer decentralized bargaining structures because it causes local unions to have to compete with each other for jobs which drives down their wages. This is known as ______________________________.

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Definitions:

Bonds Payable

A liability account in financial accounting that represents amounts owed by a company to bondholders, to be repaid at a specified future date.