If a nonunionized company wants to be competitive in the __________,it often must at least match the terms of the local union contract.
A) wage differential criteria
B) labor market
C) labor union category
D) labor environment

Question

Quizplus · Accepted Answer

The labor market refers to the supply and demand for labor in a particular area or industry. In a unionized labor market, the terms of the union contract established a certain wage and benefit standard. Therefore, in order for a nonunionized company to attract and retain employees, it must at least match the union contract terms to be competitive in the labor market.

If a Nonunionized Company Wants to Be Competitive in the __________,It