This caused frustration among the members. Moreover, the MCA team lost its quality in company positions and couldn’t make any reasonable offer alternatives to LFA counter-proposals. MCA had no clear plan or objectives and didn’t understand the strengths and weaknesses of their own and LFA’s positions. On the other hand, LFA was well-prepared and more professional during the negotiations. They defined the bargaining outlines.
Employers had no compassion or empathy for their workers who slaved away in their factories. Because immigrant labor was cheap, it was often exploited by the employer. Workers tried to better the situation by unionizing and have a show of strength with the numbers of workers. The big businesses, used government support to suppress the organization of strikes or work revolts. However, when unions rised up and demanded fair wages, employers would have to consider these demands and negotiations would have to take place.
Greenwich did not do any “due diligence” which is the reason for getting sued because they did not check and that’s how Madoff was able to get away with the scheme. Greenwich should have seen that he was using his own money while he was pocketing the money from investors and they could have stopped him. 8. The SEC did not act upon the information by Markopolos because Madoff had a good reputation at the SEC and had many connections with the people within the SEC, so they didn’t even bother conducting an investigation. 9.
But the reaganites said that the low unemployment obsession had pushed up public expenditure and led to budget deficits and stagflation and they believed in supply side economics which emphasised growth. Even Reagan’s budget director, David Stockman, in 1981 admitted that the administration’s plan did not add up and would probably increase the federal deficit. Reagan appeared regularly on TV to promote his economic policy and this helped account for his success. Many Americans did not like his policies but like him and his role in the successful passage of the budget clearly hinged squarely upon his ‘great communicator’ talents. This shows that his policies did not get off to a good start as his budget director and the public did not like his policies.
Who is benefiting from outsourcing? Investor, shareholders, and American consumers profit from outsourcing. However, the countries that the jobs are outsourced to benefit the most, for example, housing jobs for foreign companies boost the economy by increasing employment at the expense of millions of American jobs. For decades, jobs have been moving away from the United States. James Park (2010,
When she persuaded fellow employees to shut their machines off and participate in her protest, profit was lost since no product was being made. Profitability was being compromised, which is also a fundamental principle from the managerialist approach. Norma Rae was trying to be above the manager in the sense that her actions where influencing other workers to go against the company. From a managerialist approach, the manager is supposed to be above theP employees and is the only one that should have control and influence his/her workers. The managers were in fear of being unionized because they were afraid that a union would affect their everyday productions and interfere with their profit.
It just goes back to what I stated previously about people complaining and then not doing anything about whatever is bothering them. I see it as in this country, we are actually taught to be lazy and not work for anything, that we should just receive something without expending any effort. Which is why I do not care whether the illegal immigrants are “taking” all the jobs away from actual United States citizens. Most people would not step up and take the jobs the illegals do, so how can they be taking jobs away? Illegal immigrants work the hard jobs in this country as they take the jobs that they can get.
It seams to be that corporations tend to take the easy route by claiming for bankruptcies leaving many creditors with losses. Although we cannot blame such corporates, in today’s time this is known as one of the hardest time to search for jobs and stay alive as a business. Looking at it form the economic view bankruptcies are not the best thing to do, especially in today’s economic many of these corporates and small businesses help contribute to our economy. Many of these bankruptcies occur due to government decisions such as drastic minimum wage increases from $11.45 to $14.00 and $15.00 by
Should the government allow workers to strike? It is human nature to be unsatisfied with the present circumstances and strive for more. In the early years, federal employees were not allowed even to join unions or groups that may sponsor strikes otherwise deal with one year imprisonment. It is the temperament of labor unions to ask the employers much more than they are willing to partake, which then precede strengthening of perceptions and then eventually the strike. Increasing strikes will result in greater costs of state and local government and the taxes as well.
They do not have the ambition nor do they want any responsibility of work since its unpleasant (Clark, 2008). An example is when management is controlling the employees, they will avoid work this means skipping or calling in sick on a regular basis. This also means that they may not make the quotas or requirement that is on the line. In the y theory the company accepts their employees which create a total opposite environment than the x theory. Employees under the y theory have potential, commitment, creativity, want the achievements or responsibility, self direction, and solve organizational problems that arise (Clark, 2008).