Bargaining power can best be described as:
A) The ability to secure another's agreement on your own terms.
B) The ability of an arbitrator to dictate the final terms of a bargaining contract.
C) The NLRB's ability to require parties to bargain in good faith.
D) The ability of employees to decertify a union if they are dissatisfied with its performance.

Question

Quizplus · Accepted Answer

Bargaining power refers to the ability of one party to secure favorable terms and conditions in a negotiation or agreement. It is the ability to persuade or influence the other party to agree on one's own terms. Option A best describes this concept. Option B refers to an arbitrator and not bargaining power. Option C refers to the NLRB's power to enforce good faith bargaining, but not bargaining power itself. Option D refers to the ability of employees to decertify a union, which is not related to bargaining power.

Bargaining Power Can Best Be Described As