Business and labor policy quizlet

  • What are the three main purposes of a labor union quizlet?

    Some of the key goals of labor unions are to improve wages and benefits, working conditions, and job security..

  • What are three main goals of labor unions?

    People joining together in unions:

    Gain a fair return on work through collective bargaining.Negotiate for good benefits and retirement security.Make workplaces safer and more dignified..

  • What is the main purpose of using a division of labor quizlet?

    Division of Labor and Specialization is the basis for an economy to exist.
    Three benefits are: doing it better, no time required to switch tasks, create more effective ways to do the task.
    Division of Labor refers to the practice of dividing the work to make something into separate tasks..

  • What type of business organization is Dairy Queen an example of?

    Example of a Holding Company
    An example of a well-known holding company is Berkshire Hathaway, which owns assets in more than one hundred public and private companies, including Dairy Queen, Clayton Homes, Duracell, GEICO, Fruit of the Loom, RC Wiley Home Furnishings and Marmon Group..

  • What was the Wagner Act quizlet?

    Wagner Act guaranteed workers the right to unionize and bargain collectively.
    It also established the National Labor Relations Board, which organized factory elections by secret ballot to determine whether workers wanted a union..

  • Which is an advantage of division of labor quizlet?

    What are the advantages of division of labour? Greater efficiency/productivity - Due to workers becoming more skilled at performing specialized tasks; becoming more efficient at completing the task.
    Furthermore they save time since they do not spend time moving from one activity to the next..

  • A labor union is an organization formed by workers in order to negotiate for better workers' rights, including better pay, safer working conditions, and better benefits.
    A labor union chooses representatives to negotiate on its behalf with the employer.
  • Division of Labor and Specialization is the basis for an economy to exist.
    Three benefits are: doing it better, no time required to switch tasks, create more effective ways to do the task.
    Division of Labor refers to the practice of dividing the work to make something into separate tasks.
  • Example of a Holding Company
    An example of a well-known holding company is Berkshire Hathaway, which owns assets in more than one hundred public and private companies, including Dairy Queen, Clayton Homes, Duracell, GEICO, Fruit of the Loom, RC Wiley Home Furnishings and Marmon Group.
  • Wagner Act guaranteed workers the right to unionize and bargain collectively.
    It also established the National Labor Relations Board, which organized factory elections by secret ballot to determine whether workers wanted a union.
  • What are the advantages of division of labour? Greater efficiency/productivity - Due to workers becoming more skilled at performing specialized tasks; becoming more efficient at completing the task.
    Furthermore they save time since they do not spend time moving from one activity to the next.

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