Various studies on union effects on firm performance

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Reference no: EM132195060

1. According to an extensive study of union wage differentials:

A. The private sector wage premium is higher today than it was in the 1970s.

B. Public sector wage effects are smaller than those in the private sector.

C. Nonunion workers are able to resist employers’ efforts to reduce wages better than unionized workers.

D. There remains big variation in the premium across workers.

2. According to various studies on union’s effects on a firm’s performance:

A. Unionized firms are 20 percent more productive than nonunionized firms in auto parts industries.

B. Productivity was higher in public sector establishments in the hospital industry.

C. Student achievement was negatively affected by unionization in education.

D. Nonunionized workers were more productive than unionized workers in the construction industry.

3. The scientific management system included a hierarchical organizational and supervisory structure in which rank-and-file workers had a major say in the workplace.

True

False

4. Employees who are entitled to an overtime premium are often referred to as exempt employees.

True

False

Reference no: EM132195060

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