All of the Following Are Considered Non-Economic Factors in Location

question 69

Multiple Choice

All of the following are considered non-economic factors in location decisions except

• A)Availability of labor
• B)Employee empowerment
• C)Transportation services
• D)Quality of life

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Definitions:

Binding Awards

Decisions made by an arbitrator or judicial body that are legally enforceable and must be adhered to by the parties involved.

Restraint Of Trade

Agreement between firms to fix prices, injure competition, or prevent others from entering a market.

Exclusive Bargaining Representative

A labor union that has the sole authority to negotiate the terms of employment on behalf of all employees in a specific workplace.

Trade Union

An organization formed by workers in related sectors to protect their rights, negotiate wages, and improve working conditions.