Explain the concept of employee empowerment unionism and describe how it might be more desirable in certain professions such as university professors or sports than in other jobs.
What will be an ideal response?
Employee empowerment unionism does not focus on standardized outcomes for every worker, as is typical of the job control unionism model. Instead, employee empowerment unionism focuses on setting up a framework, or procedures, for ensuring fair guidelines for individual negotiations. This model is well-suited to professions where individuals have relatively greater individual bargaining power but still wish to maintain fair treatment and standardized process for negotiations. In addition, the employee empowerment model will establish minimum standards for things like wages, vacations, etc. and provisions for resolving disputes. The employee empowerment model may be less effective for other jobs where workers do not have a great deal of individual bargaining power.
You might also like to view...
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the profit from hardwood plywood panels?
a. $7,400.00
b. $1,800.00
c. $6,640.00
d. $7,950.00
The agency gave a_________, to forbid the companies continuation of the misleading advertising
Fill in the blank(s) with correct word
A small biotechnology research corporation has been experiencing losses for the first three years of
its existence, and thus has a negative balance in retained earnings. The corporation's stock price, however, is $1 per share. Which of the following statements is MOST correct? A) The required return on the stock will be small because the company has very few assets. B) Investors believe the stock is worth $1 per share because future earnings (and cash flows) are expected to be positive. C) The corporation's accountants must have made a mistake because retained earnings may not be negative. D) Investors are irrational to pay $1 per share when earnings per share have been negative for three years.
The goal of the North American Free Trade Agreement (NAFTA) is to eliminate all tariffs between the United States and Europe
Indicate whether the statement is true or false