Asked by Abdullah Elalami on Jul 05, 2024
Verified
The primary purpose of labor unions is to
A) strike.
B) give individuals greater bargaining power with employers.
C) change our economic system.
D) provide workers with political power.
Labor Unions
Organizations that represent the collective interests of workers, negotiating wages, work conditions, and benefits with employers.
Bargaining Power
The capacity of one party to dominate negotiations due to their leverage or advantage over the other party.
Economic System
The method by which societies or governments organize and distribute available resources, goods, and services across a community or country.
- Clarify the fiscal purposes of labor unions and the tactics they implement to attain these purposes.
- Comprehend the part collective bargaining plays in the relationship between labor and management.
Verified Answer
Learning Objectives
- Clarify the fiscal purposes of labor unions and the tactics they implement to attain these purposes.
- Comprehend the part collective bargaining plays in the relationship between labor and management.
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