A Firm Has Been Unionized and a First Collective Agreement

question 17

Multiple Choice

A firm has been unionized and a first collective agreement has been negotiated.The agreement provides for a union shop, protects bargaining unit work, and contains an article regarding technological change.Which of the following is the least likely to be affected by the collective agreement:

• A)layoffs
• B)the establishment of workplace rules
• C)the replacement of old equipment
• D)the selection of new employees
• E)the termination of employees

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Definitions:

Economic Power

The capacity of a country, corporation, or individual to influence market conditions, consumer behavior, or government policy through financial means.

American Economy

The economic system of the United States, characterized by private enterprise, a variety of industries, and a complex financial market.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s in response to the Great Depression.

Global Economic Crisis

A period of worldwide financial instability, which can lead to a downturn in the global economy affecting multiple countries and economies.