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Newest Exam | Just Released!!Troy University - BUS
6600
Business
any activity that seeks to provide goods and services to others while
operating at a profit
business environment
the surrounding factors that either help or hinder the development of
businesses
closed shop agreement
clause in a labor-management agreement that specified workers had to
be members of a union before being hired (was outlawed by the Taft-
Hartley Act in 1947)
collective bargaining
Process by which a union representing a group of workers negotiates
with management for a contract
,Congress of Industrial Organizations (CIO)
a labor organization composed of industrial unions founded in 1938, it
merged with the AFL in 1955
Cooling off period
when workers in a critical industry return to their jobs while the union and
management continue negotiations
craft union
union made up of skilled workers in a specific trade or industry
decertification
the process by which workers take away a union's right to represent them
grievance
complaint
industrial union
an organization of common laborers and craft workers in a particular
industry
injunction
an authoritative command or order
,Knights of Labor
labor union that sought to organize all workers and focused on broad
social reforms
lockout
a company tool to fight union demands by refusing to allow employees
to enter its facilities to work
mediation
A method of settling disputes outside of court by using the services of a
neutral third party, called a mediator.
labor contracts
a formal agreement between a union and an employer about the terms
of work for union members
open shop agreement
agreement in right-to-work states that gives workers the option to join or
not join a union, if one exists in their workplace
primary boycott
when a union encourages both its members and the general public not
to buy the products of a firm involved in a labor dispute
right-to-work laws
A state law forbidding requirements that workers must join a union to
hold their jobs.
, secondary boycott
an attempt by labor to convince others to stop doing business with a firm
that is the subject of a primary boycott; prohibited by the Taft-Hartley Act
sexual harassment
comments, gestures, or physical contacts of a sexual nature that are
deliberate, repeated, and unwelcome
shop stewards
union officials who work permanently in an organization and represent
employee interests on a daily basis
strike
Nonviolent refusal to continue to work until a problem is resolved.
strikebreakers
workers hired to do the jobs of striking workers until the labor dispute is
resolved
union
A worker association that bargains with employers over wages, benefits,
and working conditions
union security clause
the part of the labor-management agreement that states that employees
who receive union benefits must join the union, or at least pay dues to it