A Union of 35,000 Laborers of a Shoe Manufacturing Factory

question 19

Multiple Choice

A union of 35,000 laborers of a shoe manufacturing factory has gone on strike to protest against poor working conditions. To show their support, workers of a garment factory went on strike. This is an example of a(n) _____.

• A) jurisdictional strike
• B) sympathy strike
• C) lockout
• D) sick-out strike
• E) economic strike

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Definitions:

Assets

Resources owned by a company that have economic value and can provide future benefits.

Future Benefits

The projected economic advantages to be received from an investment, often used in evaluating the potential return from capital projects or investments.

Net Income

The amount of earnings remaining after all expenses, including taxes and costs, have been subtracted from total revenue.

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period, before any deductions.