What Is the Term Used for the Practice of an Employee

question 18

Multiple Choice

What is the term used for the practice of an employee group coming to terms with management over wages and other workplace issues?

• A) unionization
• B) advocacy
• C) shared governance
• D) collective bargaining

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Definitions:

Specialized

Referring to a focus on a particular area or sector, often implying a high level of expertise or proficiency in that specific field.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Net Profit Margin

A financial ratio indicating the percentage of revenue that remains as net profit after all expenses are deducted from total revenues.

Leverage

The use of various techniques or borrowed capital (debt) to increase the potential return of an investment.