Which of the following needs to be done by unions to achieve gains?
• Encourage the purchase and sale of investors’ shares
• Decrease the intellectual content of jobs
• Provide limited liability to individual investors
• Exert bargaining power through some degree of labor supply control
Question 2
Which of the following is true about shareholders?
• Operational decisions are made by workers hired by the shareholders.
• Shareholders who are dissatisfied with corporate performance cannot sell their
shares or combine with others to oust the current board and its managers.
• Shareholders may decide, collectively, to sell their interests to another company
that seeks to acquire its assets.
• Large corporations consist of a single shareholder, who participates in the
corporation’s day-to-day business.
Question 3
Which of the following factors is responsible for the decline in unionized employment, in
both the proportion and number of workers?
• A shift from services toward manufacturing
• An overall increase in union organizing activity
• The decreasing intellectual content of jobs
• The globalization of manufacturing
Question 4
Which of the following is a reason behind employers’ choice of complete freedom to alter
the terms and conditions of employment in their workplaces?
• Recede from the attainment of organizational goals
• Maximize returns on investment
• Eliminate their responsibilities to shareholders
• Maximize control on employees
Question 5
How did Knights of Labor leaders’ goals diUer from the new members’ goals?
• The leaders favored an incremental collective bargaining approach.
• The leaders believed in “rational” processes for achieving ultimate objectives.
• The leaders emphasized using strikes as weapons to pressurize employers.
, • The leaders’ goals were focused toward immediate results.
Question 6
In the Danbury Hatters case, the union was charged with conspiring to restrain trade in
violation of the __________.
• Landrum-GriUin Act
• Norris-LaGuardia Act
• Sherman Antitrust Act
• Taft-Hartley Act
Question 7
Which act, adopted in 1933, encouraged employers to band together to set prices and
production quotas through industrial codes?
• The Taft-Hartley Act
• The Norris-LaGuardia Act
• The National Industrial Recovery Act
• The Industrial Disputes Act
Question 8
As the NIRA safeguards for unions were lost, the __________ re-secured organizing rights
and specified employer illegal activities.
• Wagner Act
• Norris-LaGuardia Act
• Taft-Hartley Act
• Landrum-GriUin Act
Question 9
What led to a decline in the Knights of Labor’s membership in 1893?
• The conflict with the Roman Catholic Church over the rule that Catholics were
prohibited from joining the Knights
• The leaders’ emphasis on the use of strikes rather than arbitration in the labor
movement
• The leaders’ short-run perspective of satisfying day-to-day grievances but ignoring
long-term issues
• DiUerences in opinion between the leaders and the general membership of the
union
Question 10