BA 101 Lecture Notes - Lecture 5: Collective Bargaining, Financial Statement, National Labor Relations Act

• School: University of Oregon
• Department: Charles H. Lundquist College of Business
• Course: BA 101
• Professor: durant

Document Summary

Take quiz #3 as many times as possible. Know the methods for sales forecasting, production planning, and capacity investment. The needed complement is the number of workers required to fill the production schedule for the first shift without overtime. If you are expecting overtime next year, match the needed complement - A greater investment results in higher productivity and lower employee turnover. The more the company spends, the higher the skill level of the worker that is hired. Better training leads to higher productivity and lower employee turnover, but takes people off the job while they are in the training classroom. Each training hour costs per worker. Training reduces the need to recruit new workers and reduces seperation costs when workers are laid-off. There are two ways to look at human resources, from the employers" perspective and from the workers" perspective. Your choices, your decisions, and your behavior give definition to the world in which you work.