What is the spillover effect?
What will be an ideal response?
Although union wage settlements have declined in recent years, the impact of unions would be understated without understanding the spillover effect. Specifically, employers seek to avoid unionization by offering workers the wages, benefits, and working conditions won in rival unionized firms. The nonunion management continues to enjoy the freedom from union "interference" in decision making, and the workers receive the spillover of rewards already obtained by their unionized counterparts. Several studies document the existence of this phenomenon, although smaller as union power diminishes, providing further evidence of the continuing role played by unions in wage determination.
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A commercial showing the luxury and quality of a Lexus is based on:
A) geographic segmentation B) income segmentation C) ethnic segmentation D) geodemographic segmentation
Balance sheets based on U.S. GAAP and IFRS omit some items and measure others with bias, relative to measurements based on current economic conditions
Indicate whether the statement is true or false
Which of the following concepts focuses on preparers of financial information?
a. Comparability b. Consistency c. Uniformity d. Both b and c
Carter Company has a return on assets of 12% and a return on common stockholders' equity of 15%. What causes the difference in the two returns?