Union's upward bargaining pattern has declined because of:
A) increased global competition.
B) unavailability of skilled labor.
C) strict laws protecting employers.
D) lack of employment opportunities.

Question

Quizplus · Accepted Answer

Increased global competition has led to companies seeking ways to reduce costs, including labor costs. Unions are often seen as adding to labor costs, making it harder for companies to compete. As a result, unions have less bargaining power and their upward bargaining pattern has declined. The other options, such as unavailability of skilled labor or lack of employment opportunities, may affect the labor market but do not directly relate to the decline of unions' bargaining power. Strict laws protecting employers may also have an impact, but it is not as significant as global competition.

Union's Upward Bargaining Pattern Has Declined Because Of