Global competition,free trade,and an emphasis on corporate financial performance have strongly influenced employment patterns and reduced _____.
A) intellectual content of jobs
B) union bargaining power
C) the overall decline in union organizing activity
D) economic relations

Question

Quizplus · Accepted Answer

Global competition and free trade have led to a decline in union bargaining power, as companies have more options to outsource or relocate operations to countries with lower labor costs. As a result, unions have been less successful in negotiating for better wages, benefits, and job security for their members. This has also contributed to a shift towards more temporary, part-time, and contract work, which has reduced employment stability and made it harder for workers to organize. However, it is important to note that these factors have also affected the intellectual content of jobs and overall economic relations, albeit to a lesser extent.

Global Competition,free Trade,and an Emphasis on Corporate Financial Performance Have