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BUS Final Vocab Review

AB
Negotiations between management and labor after they agree to accept the decision of a third partyarbitration
The federal givernment's estimate of the percentage of people who are looking for work and unable to find itunemployment rate
The classification for workers who maintain records and operate office machinesadministrative support
A small branch union, generally formed by a majority of workers in a company.local
a work stoppage called for by a unionstrike
Pay given to hourly employees for extra hours of workovertime
the number of people who leave one job for anotherturnover
activity between the union and management to negotiate a contractcollective bargaining
a benefit that allows employees to pool their money, which is then loaned out to members who need or want loanscredit union
A set of money paid to a worker for each piece of work completedpiecework
workers whose primary responsibility is to sell goods and servicesclerical and sales
The theoretical standard in which every worker is employedfull employment
a third party who listens to labor and management, making suggestions they may or may not acceptmediator
Highly skilled blue collar work requiring specialized trainingcrafts and trades
wor that involves expressing ideas and analyzing informationtechnical and professional


Business/Computer Teacher
North Putnam High School
Roachdale, IN

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