In which instance is the employer's financial performance known,thus helping the union to gauge the level of its economic demands?
A) Company shares are publicly traded
B) Company is unlisted
C) Company is privately held
D) Under all situations

Question

Quizplus · Accepted Answer

If a company's shares are publicly traded, information about its financial performance is required to be disclosed to the public on a regular basis, which includes information on profits, revenue, expenses, and other financial metrics. This information can help the union gauge the level of its economic demands. On the other hand, if a company is unlisted or privately held, its financial performance may not be publicly available, making it difficult for the union to determine the level of its economic demands. Therefore, option A is the best choice as it provides the most reliable and transparent information about the company's financial performance.

In Which Instance Is the Employer's Financial Performance Known,thus Helping