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10 questions
What is the aim for a trade union?
Help workers earn more money
Protect the rights for workers
To earn money from workers by charging subscription fee
To satisfy the boss
Which of the following is not the objective of firms?
maximize profits
maximize costs
maximize sales
minimize costs
Which of the following is the oldest type of Trade Union?
General Unions
White Collar Unions
Industrial Unions
Craft Unions
Which of the following is not a factor of declining levels of Trade Union?
An increase in minimum wage
An increase in employment in small firms
An increase in unemployment
An increase number of self-employed people
Which of the following is not a factor of higher level of Trade Union?
A growth in manufacturing jobs.
Greater inequality
An increase in taxation
Higher cost of living
Influences of Trade Unions include
Average salary
members
Taxation
degree of unity
What are the advantages of Trade Union?
Co-operation
Efficiency wage theory
Productivity deals
Counter-balance monopsony
What are the disadvantages of Trade Union?
Confrontation - leading to disputes
Cost push inflation
Market failure
Unemployment
Which of the following is false about collective bargaining?
Trade unions acts a means of communication and negotiation between employers and employees
This occurs when a trade union representative who is voted into their position by union members, negotiates on behalf of the worker for better pay and conditions of work.
It is argued that a collective voice is more powerful than each worker negotiating individually with the employer.
Collective bargaining is one hundred percent going to be successful because the boss is not able to withstand so much pressure brought by the Trade Union.
According to the Universal Declaration of Human Rights, which of these is correct?
If you work more, you get paid more
You have to join a trade union in order to protect your interests.
The boss should be giving remuneration as much as possible
Employment is inevitable and we should just let it be there
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