Asked by
Kelsey Ragin
on Dec 06, 2024
Verified
Kristy, a production manager at Smart Designs, believes that the formation of labor unions may have a negative impact on the performance of a company's stock. Which statement is likely to strengthen Kristy's belief?
A) Workers in unionized organizations tend to exhibit lower levels of productivity than workers in nonunion organizations.
B) Unionized organizations are often required to pay their workers higher wages and offer them more generous benefits.
C) Studies reveal that unions do not have any positive effects on performance measures, such as productivity, profits, and stock performance.
D) Unions tend to have a positive impact on the self-esteem of their members.
E) The formation of labor unions is likely to lead to conflicts between social and labor union goals.
Labor Unions
Organizations formed by workers from related fields that work together to protect their collective interests and negotiate with employers over wages, benefits, and working conditions.
Stock Performance
A measure of how the shares of a particular company have traded in the stock market, often reflecting the company’s financial health.
Productivity
The efficiency at which goods or services are produced, typically measured by the output per unit of input.
- Understand the influence of labor unions on employee wages, benefits, and overall company performance.
Verified Answer
WB
Learning Objectives
- Understand the influence of labor unions on employee wages, benefits, and overall company performance.