Understanding Business 10th Edition by William Nickels,James McHugh,Susan McHugh

Exercise 5

Evaluate the following statement: "Labor unions are dinosaurs that have outlived their usefulness in today's knowledge-based economy." After your evaluation, take the position on this statement that differs from your own point of view and defend that position. Be sure to consider such questions as: Do unions serve a purpose in some industries Do unions make the United States less competitive in global markets