MGM102H5 Lecture Notes - Lecture 12: Mayadunne Of Sitawaka, Theory X And Theory Y, Outsourcing
Document Summary
Move from the craftsman to the factory worker. In order for a system to work there must be a hierarchy; not necessarily the best way to move forwards. Arise when people working find themselves disconnected with another employees. Resulted from mismanagement as people on top of a hierarchy do not understand that people on bottom have needs too and as a result treat them unfairly. Idea of unions: together we bargain; divided we beg. Creates unity = more profit for business. Gives awareness to leaders of the country. Provides benefits to members; e. g. health, insurance: empowers the employees. Costs of innovation; major objection entrepreneurs have about unions; creates antagonistic relationship(company vs unions ) *try to write a bullet points for exam. To ensure their members are getting the best wage. Ensure their contracted employees remain competitive: as well as have a labor partner that can assist them in expanding their business and market share.
