Future Business Leaders of America (FBLA) Business Law Practice Exam

What is a trade union commonly associated with?

1. Collective bargaining for employee rights

2. A type of marketing strategy

3. Legal representation in lawsuits

4. Managing retirement funds

The correct answer is: Collective bargaining for employee rights

A trade union is primarily associated with collective bargaining for employee rights. Trade unions are organizations formed by workers to collectively represent their interests in negotiations with employers. Through collective bargaining, trade unions strive to secure better wages, benefits, working conditions, and job security for their members. This process involves negotiating contracts that outline the terms of employment and ensures that workers have a voice in matters that affect their job and workplace conditions. The other options, while related to various aspects of business and employment, do not accurately capture the core function of a trade union. For instance, marketing strategies are not a focus of trade unions, and they do not typically offer legal representation directly or manage retirement funds specifically. Instead, their primary aim revolves around advocating for workers’ rights and interests through organized efforts.