Question

In: Operations Management

1. Which statement is TRUE about public and private-employee unions? a.Only private-employee unions can call strikes,...

1. Which statement is TRUE about public and private-employee unions?

a.Only private-employee unions can call strikes, and these unions tend to contribute less for their health insurance premiums.

b.Only private-employee unions can call strikes, while public-employee unions tend to contribute less for their health insurance premiums.

c.Only public-employee unions can call strikes, and these unions tend to contribute less for their health insurance premiums.

d.Only public-employee unions can call strikes, while private-employee unions tend to contribute less for their health insurance premiums.

2. Over 90% of all families with small children are two-earner households. False/True

3.What types of industries have been outsourced from the United States because of international trade?

a.industries that require cell-phone connectivity

b.industries that require highly skilled workers

c.industries that require a large amount of labor

d.industries that require a high degree of technology

4. Factory jobs are no longer plentiful in the United States. This is due to all of these EXCEPT:

a.growth in international trade.

b.more foreign direct investment into the United States.

c.the transformation of the manufacturing process through the growth of the Internet.

d.a shift to service industries.

5. A monopsony is a labor market with one employer. False/True

Expert Solution

1. b. Only private-employee unions can call strikes, while public-employee unions tend to contribute less for their health insurance premiums is the statement that is TRUE about public and private-employee unions. Whereas the remaining statements are not true in this context.

2. False, as more than 50% of all families with small children are two-earner households.

3. c. Industries that require a large amount of labor are the type of industries that have been outsourced from the United States because of international trade. Whereas the remaining types of industries are not relevant in this context.

4. b. More foreign direct investment into the United States is not one of the reasons due to which factory jobs are no longer plentiful in the United States. Whereas the remaining ones are valid reasons in this context.

5. True that a monopsony is a labor market with one employer.

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keosha answered 2 months ago

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