Because a unionized workforce increases wage costs,compared to unorganized firms in the same industries,a unionized firm is at a competitive disadvantage.

Question

Quizplus · Accepted Answer

Unionized firms can benefit from higher productivity and lower turnover rates due to better worker satisfaction and motivation, which can offset the higher wage costs and mitigate the competitive disadvantage.

Because a Unionized Workforce Increases Wage Costs,compared to Unorganized Firms