In 2004, owners of National Hockey League teams wanted to lower players' salaries in an effort to reduce costs. After lengthy negotiations with the players' union failed, the owners effectively canceled the entire 2004-2005 season
What is that management tactic called?
A) a strikebreak
B) an injunction
C) a lockout
D) a sitdown strike
E) a boycott
Answer: C
Explanation: C) A lockout is a management tactic to put pressure on the union by closing the company and not paying workers.
Business
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