Identify a true statement about strikes.
A) Labor unions have large cash reserves in place before beginning a strike, in order to pay the striking workers.
B) Strikebreakers minimize the loss to a business that might otherwise occur during a labor strike.
C) Strikes can prove expensive to both an organization's management and the labor union.
D) An organization's strike losses are usually low because of stockpiled inventory.

Question

Quizplus · Accepted Answer

Strikes can be costly for both management and labor unions due to lost productivity, potential damage to relationships, and financial losses from halted operations and wages.

Identify a True Statement About Strikes