ADMS 3490 Lecture Notes - Lecture 6: Multiple Choice
Document Summary
They are a distribution operation, they bring in factory parts in large numbers, hence having economy of scales, they distribute it to canadian companies. The owers decided they want to step away from the company a few years back, but not to anyone, they gradually sold the company to the employees, employees became the owners. Because of the employee ownership we assume the attitudes and behaviours would be . They worked out a plan where they could share the profits and not all the profits. Because the company was shared by all the employees a family oriented atmosphere appeared. There are four types (1) employment standards: provincial exclusive. It regulates pension, leave, minimum wage, sick leave, ect. To be considered under the employment standards you have to be defined as an employee. This act also gives you an option to join a union which gives you the right to strike.