Asked by Pooja Shirke on Sep 30, 2024

In the present day, labor's bargaining power continues to be undermined by all of the following except:

A) Globalization.
B) The increased tendency of executives to seek profits through financial transactions.
C) The increased reliance on product quality over mass production.
D) The decreased emphasis on seeking profits through the delivery of goods and services valued by the public.

Bargaining Power

The advantage one party has over the other in negotiations, often derived from one's ability to influence the outcome or offer something of value.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, affecting economic, social, and cultural practices worldwide.

Financial Transactions

Exchanges or transfers of monetary value between parties, which can include lending, investing, borrowing, and paying.

  • Understand the changing landscape of labor movements regarding membership and the influence of big business.