When a Union Bargains Successfully with Employers, in That Industry

question 331

Multiple Choice

When a union bargains successfully with employers, in that industry,

• A)both wages and unemployment increase.
• B)wages increase and unemployment decreases.
• C)wages decrease and unemployment increases.
• D)both wages and unemployment decrease.

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Definitions:

Product Quality

The measure of a product's ability to meet or exceed customer expectations.

Customer Service

It is the support and assistance provided by a company to the people who use or buy its products or services.

Dominant Values

Refer to the prevailing or most important values that are shared among a group, culture, or individual, influencing behavior and decision-making.

Organizational Culture

encompasses the values, beliefs, and behaviors that contribute to the unique social and psychological environment of an organization.