Employment, Labor, & Wages Unit Test

Front

Which of the following is NOT one of the six ways to resolve disputes between two parties: Mediation, Arbitration, Fact Finding, Injunction, Lobbying?

Back

Lobbying

Front

True or false? Unskilled laborers often earn the lowest wages.

Back

True

Front

True or false? Professional laborers often earn the highest incomes.

Back

True

Front

Does the description of professional athletes, performers, and managers with exceptional skills align with the Signaling Theory?

Back

No

Front

Is seniority, the length of time a person has been on the job, an important factor to unions and collective bargaining in the Theory of Negotiated Wages?

Back

Yes

Front

Employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators or “signals” of superior ability. This is the major concept of..

Back

Signaling Theory

Front

A pressure action by union members and sympathizers who refuse to buy or handle the product of a target company

Back

Boycott

Front

What is the purpose of unions?

Back

To protect workers rights

Front

Your cousin tells you that his trucking company has resorted to arbitration with the trucker’s union. This means that

Back

A neutral third party is reviewing the dispute and will impose a legally binding decision

Front

What has been a significant response from Walmart to unionization efforts within its stores?

Back

Walmart has actively opposed unionization efforts, including closing stores and departments.