Explain why pattern bargaining is useful to unions.
What will be an ideal response?
Pattern bargaining shares many of the advantages of centralized bargaining by bringing the full power of several unions into negotiations with one employer. When employers know that a particular contract will determine the standard for the industry, they are more likely to have to negotiate with each other, as well as with the union, over terms and conditions of employment. More importantly, they all understand that they will not be able to compete on the basis of a wage and/or benefit advantage as the unions intend to set the same wages for all workers. In turn, this allows the union to "take wages out of competition" and counter management arguments that wages are a determining competitive advantage or factor. Pattern bargaining can also help unions sell contract settlements to their constituents as members see that they are getting no better, or worse, than their peers in other companies.
You might also like to view...
Mars Company had cash sales of $10,000. The state sales tax rate is 10.8%. What amount is debited to the Cash account?
A) $10,000 B) $11,080 C) $1080 D) $1000
A $49,000, three-month, 12% note payable was issued on December 1, 2018. What is the amount of accrued interest on December 31, 2018? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $490 B) $708 C) $354 D) $823
According to Max Weber, the ________ type of power is where laws and constitutional processes create legitimate authority.
A) Charismatic B) Non-traditional C) Legal-rational D) Traditional
Which of the following accounts will be closed by debiting the Income Summary account?
A) Retained Earnings B) Service Revenue C) Accounts Receivable D) Salaries Expense