What Potentially Happens to the Union/employer Relationship When a Business

question 7

Multiple Choice

What potentially happens to the union/employer relationship when a business merges or expands its operations?

• A) The labour board determines if this is a situation of "successorship"
• B) All of the new employees cannot belong to the existing union
• C) All of the new employees must join the existing union
• D) Nothing. It is business as usual.

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Definitions:

Foreign Currency

Currency used in a country other than one's own, involved in international trade, investments, and travel.

Quota

A government-imposed trade restriction that limits the quantity or monetary value of goods that can be imported or exported during a specific time.

Demand Curve

A visual diagram that illustrates how the amount of a product that purchasers are ready to buy varies with its price.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.