Trade unions, Managerial Economics

TRADE UNIONS

Trade unions are workers' organizations whose objective is to protect the interests of their members.

Functions

i.       To bargain on behalf of their members for better pay and working conditions.

ii.      To persuade the government to pass legislation in favour of the working class.

Posted Date: 11/29/2012 5:14:54 AM | Location : United States







Related Discussions:- Trade unions, Assignment Help, Ask Question on Trade unions, Get Answer, Expert's Help, Trade unions Discussions

Write discussion on Trade unions
Your posts are moderated
Related Questions
Internal and External factors of business operation External factors : A firm can't exercise any control over these factors. Thepolicies, plans and programmes of the firm m

Uses of Indifference Curve Analysis Indifference curve analysis is useful when studying welfare economics as follows: They are used to indicate the amount of income and


Opportunity Cost This is the amount that is sacrificed when choosing one activity over the next-best alternative.  In organization, an example of opportunity cost is seen in th

Financial engineering deals with the design of new assets. Draw the payoff (at t=1) of the following bull butterfly spread:     Purchase 1 call with exercise price a   Sell 2 ca

Statistical technique used to estimate economic variable Some statistical techniques are used to estimate economic variables of interest to a manager. In a number of cases, sta


The owner of a patent has a contract with a cooperation that gives it right to use the patent. The cooperation will pay the patent owner $2500 yearly for the next 5 years, $3000 fo

PRINCIPLES OF AN OPTIMAL TAX  SYSTEM When taxes are imposed certain conditions must be fulfilled.  These conditions are known as Principles or canons of taxation. According to

What is the formula of finding Fixed cost of a quadratic function