Which One of the Following Observations Supports the Argument That

question 48

Multiple Choice

Which one of the following observations supports the argument that unions increase productivity?

• A)Turnover in union firms is lower than in nonunion firms
• B)Unions alter the allocation of labor between union and nonunion firms
• C)Training at union firms is lower than at nonunion firms
• D)Unions provide an "exit" option whereas nonunion workers only have a "voice" option

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Definitions:

Purchase Discounts

Reductions in the price of goods purchased, usually as a reward for early payment to the supplier.

Freight-In

The cost associated with getting inventory to a business, usually included in the cost of goods sold.

GAAP

The collection of standard accounting practices widely recognized for financial reporting is called Generally Accepted Accounting Principles.

Perpetual System

A system for managing inventory accounts that instantly logs inventory sales or acquisitions using computerized point-of-sale systems and software for enterprise asset management.