This paper will also observe the effect of changes in employee relations strategies, policies, and practices on performance. Last, the paper discusses the question of if unions are still valid in the United States. Define union and labor relations and their impact on organization The definition
Ford Pinto Case Dilemma Business is business always aiming to maintain competitiveness and profitability as indicators of success. However business people should never forget their social responsibilities which are significantly important in maintaining the business ethics. In the case, alternative solutions to improve the car safety have been identified but because of limited time, competition became the top priority leaving behind the public safety by moving on with the plans of marketing the car with unsafe spare part (De George, 2006, p. 298). The company waddled in unethical decision blinded with the cost-benefit analysis which compared the value of life to economic costs. Such unethical inhumane decision suggests complete ignorance and negligence of the rights of others.
Describe the significance of these numbers- what do they indicate? Explain your report relates to our course and to practicing managers. http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=GM&dataset=balanceSheet&period=A&currency=native http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=HMC&dataset=cashFlow&period=A&currency=native According to Bloomberg Business Week some of the major difference in the finances of General Motors (GM) and Honda Motor Company come down to the way they handle their Inventory costs and their cost of goods sold. The following information will reveal in detail these differences. Year over year, General Motors Company has seen net income shrink from $9.2B USD to $6.2B USD despite relatively flat revenues.
"The New Deal." United States History. Web. 06 Jan. 2011. <http://www.u-s-history.com/pages/h1851.html>.
This is the reason why the government makes sure that by enacting policies the rights of employees are respected and upheld. Aside from the government there interest groups that also work to make sure not only the rights but also the welfare of employees are taken care of. The most common among these interest groups are called labor unions or in other countries trade unions. Labor Unions are organizations set up by employees in order to advance their welfare and needs. They are made up of employees who work for a certain company or industry who then elect leaders who will the ones who are tasked to negotiate for the members issues like work conditions, wages and complaints.
1. Choose two of the following and discuss their importance and impact on the U.S. labor movement: Wagner Act (NLRA): This act is was greatly impacted on the labor relations. This act was to protect not only the employees of the company but the employer as well. The importance of this act was that it granted workers the right to form unions and bargain collectively. ( www.nlrb.gov) With this being, workers could negotiate with management.
Not only were there large losses of money for both companies, but the loss of reputation as well. Penn Square Bank What were the ethical pressures on the firm concerning documentation, credit extension, and revenue recognition that lead to the final collapse? What should have been done to reduce or offset these pressures? The ethical pressures on the firm concerning documentation, credit extension, and revenue recognition leading to the final collapse of Penn Square bank is the bank could not fund the loans they were negotiating. According to generally accepted accounting principles, revenue and corresponding expenses should be recorded or matched in the same accounting period (The Houston Chronicle, n.d.).
In many cases, the employer has invested a lot of capital in the organization formulates company regulations and procedures that protect his investments. As it is hard for employees to have same rights in a work place in an environment where the managers dictates what the employees do. As president Ron Gattelfinger of the UAW pointed out during the 2007 September strike, the union is disappointed by the fact that General Motors is not recognizing the contributions being made by it members for the last four years, since 2003. (UAW, 2007) Good industrial relations in work place are hard to define because for a system to be good it has to involve a lot of complex issues. The system has to look at the employees as important aspects in the running of the company.
“Conducts which violates the NLRA are: “threatening employees with loss of jobs or benefits if they join or vote for a union or engage in protected activity; threatening to close plants if employees chose union representation; questioning employees about their union sympathies or activities in circumstances that tend to interfere” (Azira, 2008). “Union membership has steadily declined while worker job security and compensation has also declined” (Azira, 2008). “The NLRA is an ideal law to protect workers for large manufacturers where unions could represent a great numbers of workers at varying levels in the company” (Azria, 2008). Also many Americans consider themselves as part of the middle class and union membership may be viewed as part of the lower or working-class. Employers often time try to come in between the workers and the union to make the workers not want to partake in the activities of a union.
A good example of some of the laws placed today on businesses to protect the consumers from price inflation and customer allocation. Car dealerships in the past who were in the surrounding area of each other would either do one of two things prior to current laws being enforced and placed in the antitrust laws. The first thing that they would do is continuously undercut each other’s pricing and financing until the profit margin was unsustainable for one of the companies causing them to either file bankruptcy, sell the business, or make a phone call to the competitor and attempt to make a plea agreement with the other company to keep from going out of business. That conversation would include offering not to undercut its competitors pricing any further allowing both companies to remain in business and still keep a good profit margin. When those agreements are initiated it is not necessarily a bad law to break in my eyes because it at the end of the day keeps people employed and is helping the economy.