Asked by

Kianna Monai
on Oct 12, 2024

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Which is the most accurate statement?

A) Most strikes cause no economic disruption.
B) The job of a mediator is to impose a settlement.
C) Collective bargaining negotiations occasionally end with a strike.
D) The firm with the least ability to withstand a strike would be a manufacturing firm.

Collective Bargaining

The negotiation process between employers and a group of employees aimed at reaching agreements to regulate working salaries, working conditions, and other aspects of workers' compensation and rights.

Economic Disruption

An event or condition that causes significant changes in the performance of the economy, affecting production, consumption, and distribution.

Mediator

An impartial individual or party that intervenes in a dispute or negotiation to help the conflicting parties reach an agreement.

  • Explain the components and procedure involved in collective bargaining.
  • Acquire knowledge regarding the effects that labor unions have on employment and wage outcomes.
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Laritza GonzalezOct 16, 2024
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