Over 60 Percent of Employees in an Organization Must Sign

question 44

True/False

Over 60 percent of employees in an organization must sign authorization cards before the National Labor Relations Board (NLRB)may be requested to come in and supervise a union election.

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Definitions:

Combining Firms

The process of merging two or more businesses into one entity, often to achieve synergies or expand market presence.

Antitrust Laws

Antitrust laws are regulations established to promote competition by restricting monopolistic practices and unfair business practices that might harm consumers or the economy.

Competitive Economy

An economic system where businesses operate in a free market, competing for consumers' preference and resources, driving innovation, efficiency, and diversity of goods and services.

Conglomerate Merger

A merger between companies operating in unrelated business activities, aiming to diversify business operations and investments.