Question

What is the term applied to the goals of U.S. labor organizations that collectively bargain for improvements in wages, hours, job security, and working conditions?

a. business unionism

b. collective bargaining

c. the bargaining zone

d. psychological contract

Answer 1

A labor union is an organization of workers that negotiates with employers over wages and working conditions, and this process is called collective bargaining.

Step-by-step explanation:

A labor union is an organization of workers that negotiates with employers over wages and working conditions. A labor union seeks to change the balance of power between employers and workers by requiring employers to deal with workers collectively, rather than as individuals. As such, a labor union operates like a monopoly in a labor market. We sometimes call negotiations between unions and firms collective bargaining.