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Unit V Homework Assignment

Unit V Homework Assignment

Q • Weight: 8% of course grade • Grading Rubric • Due: Tuesday, 06/01/2021 11:59 PM (CST) Instructions Which party (union or management) would likely be in a stronger position to bargain for its preferred wage outcome under the following conditions, and why? ? high profits, an expanding market share, a healthy economy, and the cost of living rising less than two percent per year ? low profits, stagnant sales growth, uncertain economic conditions, and a projected four percent annual rise in cost of living Your response to these questions should be a minimum of 1 page in length. Use APA format to cite and reference all quoted and paraphrased material, including your textbook. Please be sure to include your reference list on a separate page.

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The stronger position in the first condition of high profits will be that of the union. This is because the management cannot complain that there are challenges in business operations and profit margins because of low profits or low productivity of the members of the union. There cannot be complains made by the members of the management about market share being lost because of some reason. There cannot be excuses given by the members of the management about economic downturn because of the presence and observation of a healthy economy.