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MGM102 FINAL EXAM QUESTIONS AND CORRECT ANSWERS. VERIFIED 2025/2026.

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MGM102 FINAL EXAM QUESTIONS AND CORRECT ANSWERS. VERIFIED 2025/2026.

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MGM102 FINAL EXAM QUESTIONS AND
CORRECT ANSWERS. VERIFIED
2025/2026.




Labor union - ANS A group of individuals who work together to achieve shared job-related
goals



Labor relations - ANS The overall process of dealing with employees who are represented by
a union



Collective bargaining - ANS The process through which union leaders and management
personnel negotiate common terms and conditions of employment for those workers
represented by the union



Canadian labor code - ANS Legislation that applies to the labor practices of firms operating
under the legislative authority of parliament



Bargaining unit - ANS Individuals grouped for purposes of collective bargaining



Certification vote - ANS A vote supervised by a government to determine whether a union
will be certified as the sole bargaining agent for the unit




1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.

,Decertification - ANS The process by which employees legally terminate their union right to
represent them



Closed shop - ANS A union-employer relationship where the employer can hire only union
members



Union shop - ANS A union-employer relationship in which the employer can hire non-
unionized workers but they must join the union within a certain period



Agency shop - ANS A union-employer relationship in which all employees for whom the
union bargains must pay dues, but they are not required to join the union



Open Shop - ANS



- ANS A union-employer relationship in which the employer may hire union or non-union
workers



Industrial union - ANS Organized according to industry



Local union - ANS Created based on a specific geographical area



Independent local union - ANS Not formally affiliated with any labor organization



National Union - ANS Members across a nation



International Union - ANS Members in more than one country



2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.

, Sympathy strikes - ANS Strikes to support other unions



Wildcat strikes - ANS Not authorized by the union or occur during a life of a contract



Strike - ANS A tactic of labor unions in which members temporarily walk off the job and
refuse to work to win concessions from management



Employers associations - ANS Groups of companies that work together to help manage labor
relations



Management tactics - ANS A tactic of management in which a firm physically denies
employees access to the workplace to pressure workers to agree to the company's latest
contract offer



Conciliation - ANS A method of settling a contract dispute in which a neutral third party helps
the two sides clarify the issues that are separating them



Mediation - ANS A method of settling a contract dispute in which a neutral third party is
asked to hear arguments from both the union and the management and offer a suggested
resolution



Arbitration - ANS A method of settling a contract dispute in which a neutral third party
imposes a binding settlement on the disputing parties



Mixed system - ANS An economic system that involves a capitalistic economy with an
important government role. Most economies today are considered mixed systems




3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.

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