Which of the Following Is True of Union Actions Across

question 60

Multiple Choice

Which of the following is true of union actions across industries and states?

• A)The employee groups and economic sectors with the fastest growth rates tend to have the highest rates of unionization.
• B)Women and men have equal representation in unions.
• C)One reason for the smaller union presence in southern states is the existence of right-to-work laws.
• D)Nonmanufacturing industries such as finance,insurance,and real estate have a higher union representation than manufacturing industries.
• E)The southern United States is more heavily organized than the rest of the country in terms of unionization.

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Definitions:

Risk Aversion

The reluctance or avoidance of undertaking investment with uncertain outcomes, preferring outcomes that are more predictable.

Owner-Manager

An individual who both owns a significant part of a company and is actively involved in its management.

Agency Relationship

A situation where one party, known as the agent, is authorized to act on behalf of another, called the principal, in dealing with third parties.

Normative Theories

Theoretical frameworks that prescribe how accounting processes should be conducted based on values, ethics, and ideal practices.