Which of the Following Is Correct Regarding the Effect of Unionization

question 10

Multiple Choice

Which of the following is correct regarding the effect of unionization:

• A)The selection of qualified employees is less important.
• B)Spending on training is higher in unionized firms.
• C)Employment growth is faster in unionized firms.
• D)Job satisfaction increases in unionized firms.
• E)Profitability is higher in unionized firms.

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Definitions:

Cash Coverage Ratio

A liquidity metric that measures a company's ability to pay off its debt with its cash flow, demonstrating financial health.

Days' Sales In Inventory

A measure of how efficiently a company manages its inventory, calculated by dividing the inventory by the daily average cost of goods sold.

Inventory Turnover

A metric demonstrating the rate at which a business's inventory is sold and restocked over a designated span.

Cost Of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of the goods sold by a company, including materials and labor costs.