After a Recent 141-Day Strike, Members of the Union Members

question 75

Multiple Choice

After a recent 141-day strike, members of the union members in California went back to work at area grocery stores.The union negotiated raises, better healthcare benefits, and a one-tier pay scale.The role of the union may best be described as a ________.

• A) Governmental body
• B) Stakeholder
• C) Vendor
• D) Internal customer
• E) Management group

---

Definitions:

Call Option

A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time period.

Convertible Bond

A type of bond that can be converted into a predetermined number of the issuing company's shares, typically at the discretion of the bondholder.

Convertible Bonds

Financial instruments that can be converted into a specified number of common stock shares at the discretion of the bondholder, usually at certain times during their life.

Control

The power to influence or direct people's behavior or the course of events.