Which of the Following Is a Concern of Organized Labor

question 5

Multiple Choice

Which of the following is a concern of organized labor regarding multinational firms?

• A) A company can counter a union's bargaining power with the power to move production to another country.
• B) An international business will keep low-skilled tasks in its home country and farm out only highly skilled tasks to foreign plants.
• C) An international business can attempt to import employment practices and contractual agreements from its host country.
• D) A multinational company is more likely to receive government support in the case of hostile labor relations.

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Definitions:

Trading Security

A financial instrument held by a firm primarily for the purpose of selling it in the short term for profit.

Available-for-sale Security

Financial securities that are not classified as held-for-trading or held-to-maturity, and thus can be sold in the market.

Accounting

The systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual.

Investment

The act of allocating resources, usually capital, with the expectation of generating an income or profit.