In Most Companies a Union Would Prefer to Implement a _____

question 63

Multiple Choice

In most companies a union would prefer to implement a _____ than some form of _________

• A) pay-for knowledge pay system; gain-sharing plan
• B) gain-sharing plan; pay-for knowledge
• C) merit pay system; pay-for knowledge
• D) reward-sharing system; merit pay system

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Definitions:

Management Rights

The prerogatives and authority granted to employers to operate and manage their business, including decisions about hiring, work assignments, processes, and disciplinary actions.

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, such as both state and federal taxes on the same income.

Partnership

This is a juridically permitted structure for conducting business that necessitates the collaboration of two or more people in both the governance and profit distribution of the enterprise.

Share Control

The management or influence over the voting rights and other aspects of a company’s shares, often indicating power to make significant decisions.