Examlex
Which of the following statements about referent power is true?
AFL-CIO Merger
The unification in 1955 of the American Federation of Labor (AFL) and the Congress of Industrial Organizations (CIO), creating the largest federation of unions in the United States.
Industrial Unions
Labor unions that organize workers across entire industries, rather than by craft or trade, to collectively bargain for better terms of employment.
Craft Unions
Unions composed of workers specialized in a particular craft or trade, focusing on specific job skills and worker rights within that profession.
Monopsony Power
A market condition where there is only one buyer for a product or service, giving that buyer considerable control over prices.
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