15-51 Which of the Following Is an Example of an Exogenous

question 47

Multiple Choice

15-51 Which of the following is an example of an exogenous risk?

• A)Blocking reform implementation.
• B)Regional economic crisis.
• C)Increase in political instability.
• D)Social tensions that undermine implementation of reforms.
• E)Reversing of reform actions by powerful interest groups.

---

Definitions:

Revolutionary Union

A revolutionary union is a labor organization that seeks radical change in society and workplaces, often aiming for the overthrow of existing social, economic, and political systems in favor of more egalitarian alternatives.

Business Union

A type of labor union primarily focused on negotiating better wages, benefits, and working conditions for its members, often within a specific industry or sector.

Reform Union

A movement or initiative aimed at making changes or improvements within a labor union, focusing on aspects such as governance, transparency, and member engagement.

Arbitration

A method of resolving disagreements outside of court in which an impartial third party, known as the arbitrator, delivers a decision that is binding on the parties involved.