Asked by
Shanygne Vigilance
on Nov 29, 2024
Verified
Which statement is false?
A) The National Football League is a monopsony.
B) The National Education Association is the largest union in the U.S.
C) Unions have two basic ways of exerting power: inclusion and exclusion.
D) The most important collective bargaining weapon of employers is the threat of a lockout.
Monopsony
A market condition where there is only one buyer for a product or service, giving the buyer significant power over prices and terms of sale.
Collective Bargaining
The process by which employers and a group of employees negotiate wages, working conditions, and other employment terms.
- Discern and acknowledge the extent and expansiveness of diverse labor unions within the United States.
- Fathom the pertinence of strategic steps (such as strikes, lockouts, and givebacks) in labor negotiation contexts.
Verified Answer
AO
Learning Objectives
- Discern and acknowledge the extent and expansiveness of diverse labor unions within the United States.
- Fathom the pertinence of strategic steps (such as strikes, lockouts, and givebacks) in labor negotiation contexts.