Question 1

What are the changes that occur from the time of infancy to maturity of an industry?

Accepted Answer

The growth and maturation of most indust

Question 2

Which of the following is true of the marginal supply curve?

Accepted Answer

A)  It represents the value of output produced by hiring an additional worker. 
B)  It represents the graph of product supply and demand. 
C)  It represents the graph of labor supply and demand. 
D)  It represents the additional cost associated with expanding the workforce. 
A)  It represents the value of output produced by hiring an additional worker. 
B)  It represents the graph of product supply and demand. 
C)  It represents the graph of labor supply and demand. 
D)  It represents the additional cost associated with expanding the workforce.

Question 3

Which bargaining issues do not require a response because they have no direct impact on management or labor costs?

Accepted Answer

A)  Permissive 
B)  Mandatory 
C)  Prohibited 
D)  Legislative 
A)  Permissive 
B)  Mandatory 
C)  Prohibited 
D)  Legislative

Question 4

Which of the following is true of labor markets?

Accepted Answer

A)  The union can never acquire monopoly power over the labor supply. 
B)  The union supplies the labor,but the contract has no authority on fixing its price. 
C)  Unions stay away from employers that have power to influence prices in the product market and/or wages in the labor market. 
D)  A contracted wage elasticizes the labor supply at the negotiated rate. 
A)  The union can never acquire monopoly power over the labor supply. 
B)  The union supplies the labor,but the contract has no authority on fixing its price. 
C)  Unions stay away from employers that have power to influence prices in the product market and/or wages in the labor market. 
D)  A contracted wage elasticizes the labor supply at the negotiated rate.

Question 5

Write a short note on industrywide bargaining.

Accepted Answer

While most multiemployer bargaining is d

Question 6

Employers in the private sector are interested in _____.

Accepted Answer

A)  maximizing long-term return to the investment in skills 
B)  maximizing long-term profits 
C)  encouraging all employees to join unions 
D)  increasing employment wages 
A)  maximizing long-term return to the investment in skills 
B)  maximizing long-term profits 
C)  encouraging all employees to join unions 
D)  increasing employment wages

Question 7

The demand for goods and services in a competitive market is highly elastic.

Accepted Answer

A) True 
 B)False

Question 8

Local union officers are often elected by multiple bargaining units.

Accepted Answer

A) True 
 B)False

Question 9

A conglomerate has low bargaining power.

Accepted Answer

A) True 
 B)False

Question 10

When does industrywide bargaining take place?

Accepted Answer

A)  When employees stick to a single employer within a small geographic area 
B)  When products or services are essentially commodities 
C)  When the bargaining occurs within a relatively small geographic area 
D)  When the bargaining is done in a business operating in several distinct industries 
A)  When employees stick to a single employer within a small geographic area 
B)  When products or services are essentially commodities 
C)  When the bargaining occurs within a relatively small geographic area 
D)  When the bargaining is done in a business operating in several distinct industries

Question 11

Union's bargaining power is reduced when the employer has a monopoly in the product or service market.

Accepted Answer

A) True 
 B)False

Question 12

Under which condition is union's wage gains in bargaining higher?

Accepted Answer

A)  When new employers can easily enter the market 
B)  When industrial concentration is low 
C)  When foreign competition is low 
D)  When union coverage by dominant union is low 
A)  When new employers can easily enter the market 
B)  When industrial concentration is low 
C)  When foreign competition is low 
D)  When union coverage by dominant union is low

Question 13

Which of the following is true about the changes in industrial bargaining structures and their outcomes?

Accepted Answer

A)  Professional sports are the least organized,with baseball and basketball players exercising low bargaining strength. 
B)  Declining unionization in health care and the consolidation of health care providers has led to the reduced use of organization-wide bargaining structures. 
C)  Unionization in the construction industry has increased as employers have increasingly established nonunion subsidiaries. 
D)  The Communications Workers have some of the major local operators who are neutral in organizing campaigns and/or allow card checks for recognition in their wireless business units. 
A)  Professional sports are the least organized,with baseball and basketball players exercising low bargaining strength. 
B)  Declining unionization in health care and the consolidation of health care providers has led to the reduced use of organization-wide bargaining structures. 
C)  Unionization in the construction industry has increased as employers have increasingly established nonunion subsidiaries. 
D)  The Communications Workers have some of the major local operators who are neutral in organizing campaigns and/or allow card checks for recognition in their wireless business units.

Question 14

What would an employer in a competitive market do when the cost of labor increases?

Accepted Answer

A)  Reduce cost on capital 
B)  Change capital-labor mix 
C)  Hire only unskilled workers 
D)  Decrease its dependence on technology 
A)  Reduce cost on capital 
B)  Change capital-labor mix 
C)  Hire only unskilled workers 
D)  Decrease its dependence on technology

Question 15

In which of the following conditions will the employer have higher ability to continue operations?

Accepted Answer

A)  When the strike is in peak season 
B)  When the firm is capital-intensive 
C)  When high skilled labor is not easily replaceable 
D)  When an employer has only one plant that produces the product 
A)  When the strike is in peak season 
B)  When the firm is capital-intensive 
C)  When high skilled labor is not easily replaceable 
D)  When an employer has only one plant that produces the product

Question 16

What are the two major goals of unions?

Accepted Answer

A)  Higher wages and more members 
B)  Maximizing profit and share value 
C)  Reduce risk of investments and diversification 
D)  Mergers and acquisitions of firms 
A)  Higher wages and more members 
B)  Maximizing profit and share value 
C)  Reduce risk of investments and diversification 
D)  Mergers and acquisitions of firms

Question 17

In concentrated industries,the demand for a firm's product is never completely elastic.

Accepted Answer

A) True 
 B)False

Question 18

The NLRB ordered consent elections in companies where labor and management did not dispute the makeup of the bargaining unit for representation purposes.

Accepted Answer

A) True 
 B)False

Question 19

The goal of conglomerates created by private equity is to refloat the businesses through initial public offerings as independent companies.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is most likely to happen when a union bargains with a monopsonist employer for increased wages beyond a point where MS and MRP intersect?

Accepted Answer

A)  Employer will incur unviable labor costs. 
B)  Employer will be forced to layoff employees. 
C)  Employer will be able to expand employment. 
D)  Employer will be able to increase profits substantially. 
A)  Employer will incur unviable labor costs. 
B)  Employer will be forced to layoff employees. 
C)  Employer will be able to expand employment. 
D)  Employer will be able to increase profits substantially.

What are the changes that occur from the time of infancy to maturity of an industry?

Which of the following is true of the marginal supply curve?

Which bargaining issues do not require a response because they have no direct impact on management or labor costs?

Which of the following is true of labor markets?

Write a short note on industrywide bargaining.

Employers in the private sector are interested in _____.

The demand for goods and services in a competitive market is highly elastic.

Local union officers are often elected by multiple bargaining units.

A conglomerate has low bargaining power.

When does industrywide bargaining take place?

Union's bargaining power is reduced when the employer has a monopoly in the product or service market.

Under which condition is union's wage gains in bargaining higher?

Which of the following is true about the changes in industrial bargaining structures and their outcomes?

What would an employer in a competitive market do when the cost of labor increases?

In which of the following conditions will the employer have higher ability to continue operations?

What are the two major goals of unions?

In concentrated industries,the demand for a firm's product is never completely elastic.

The NLRB ordered consent elections in companies where labor and management did not dispute the makeup of the bargaining unit for representation purposes.

The goal of conglomerates created by private equity is to refloat the businesses through initial public offerings as independent companies.

Which of the following is most likely to happen when a union bargains with a monopsonist employer for increased wages beyond a point where MS and MRP intersect?

Introduction

The Evolution of American Labor

Employment Law and Federal Agencies

Union Structure and Government

Unions: Member and Leader Attitudes, Behaviors, and Political Activities

Union Organizing Campaigns

Union Avoidance: Rationale,Strategies,and Practices

Wage and Benefit Issues in Bargaining

Nonwage Issues in Bargaining

Contract Negotiations

Impasses and Their Resolution

Union-Management Cooperation

Contract Administration

Grievance Arbitration

Public Sector Labor Relations

A Survey of Labor Relations in Market Economies

Filters

Exam 8: The Environment for Bargaining

What are the changes that occur from the time of infancy to maturity of an industry?

Which of the following is true of the marginal supply curve?

Which bargaining issues do not require a response because they have no direct impact on management or labor costs?

Which of the following is true of labor markets?

Write a short note on industrywide bargaining.

Employers in the private sector are interested in _____.

The demand for goods and services in a competitive market is highly elastic.

Local union officers are often elected by multiple bargaining units.

A conglomerate has low bargaining power.

When does industrywide bargaining take place?

Union's bargaining power is reduced when the employer has a monopoly in the product or service market.

Under which condition is union's wage gains in bargaining higher?

Which of the following is true about the changes in industrial bargaining structures and their outcomes?

What would an employer in a competitive market do when the cost of labor increases?

In which of the following conditions will the employer have higher ability to continue operations?

What are the two major goals of unions?

In concentrated industries,the demand for a firm's product is never completely elastic.

The NLRB ordered consent elections in companies where labor and management did not dispute the makeup of the bargaining unit for representation purposes.

The goal of conglomerates created by private equity is to refloat the businesses through initial public offerings as independent companies.

Which of the following is most likely to happen when a union bargains with a monopsonist employer for increased wages beyond a point where MS and MRP intersect?

Introduction

The Evolution of American Labor

Employment Law and Federal Agencies

Union Structure and Government

Unions: Member and Leader Attitudes, Behaviors, and Political Activities

Union Organizing Campaigns

Union Avoidance: Rationale,Strategies,and Practices

Wage and Benefit Issues in Bargaining

Nonwage Issues in Bargaining

Contract Negotiations

Impasses and Their Resolution

Union-Management Cooperation

Contract Administration

Grievance Arbitration

Public Sector Labor Relations

A Survey of Labor Relations in Market Economies

Filters