Labour Union - Personal Finance Quiz

Labour Union - Personal Finance Quiz

12th Grade

10 Qs

quiz-placeholder

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Labour Union - Personal Finance Quiz

Labour Union - Personal Finance Quiz

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Petrina Reid

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is collective bargaining?

A process where employees work without any negotiation with their employer

A process where employees negotiate with their employer, usually through a union, to determine the terms and conditions of their employment.

A process where employees negotiate with their employer to determine the terms and conditions of their customers' employment

A process where employers negotiate with each other to determine the terms and conditions of their employees' employment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is union organizing?

The process of employees forming a political party to advocate for their rights

The process of employees forming a union to collectively bargain with their employer.

The process of employers forming a union to negotiate with their employees

The process of employees quitting their jobs in protest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are pension plans?

Investment plans for purchasing real estate.

Savings plans for buying a car.

Insurance plans for covering medical expenses.

Retirement plans offered by employers to provide income after retirement.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is salary negotiation?

The process of discussing and reaching an agreement on the job title and responsibilities.

The process of discussing and reaching an agreement on the work schedule and hours.

The process of discussing and reaching an agreement on the company's mission and values.

The process of discussing and reaching an agreement on the compensation and benefits package for a job.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of collective bargaining?

Decreased job security

Better wages, benefits, and working conditions

Lower wages and benefits

Poor working conditions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of union organizing?

To decrease job security for workers

To collectively bargain for better wages, benefits, and working conditions on behalf of workers.

To increase profits for the company

To promote individualism and competition among workers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of pension plans?

To provide healthcare benefits after retirement

To offer tax benefits during employment

To provide income after retirement

To encourage employees to work longer hours

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