Purchase Solution

Unions on strike

Not what you're looking for?

Ask Custom Question

I have a problem to solve: I am the newly named CEO of a large Fortune 500 company. This company has been publicly traded on the NYSE for many years and is well known with the average investor. The company is currently having a difficult time with its earnings.
The 3 unions that represent 90% of the hourly workforce have voted to strike on the first day of the nest month. The workers are unhappy about the hours of work; they allege that they are required to work too much overtime and thus this creates a safety hazard in the workplace. The contracts expired last month and the union was not willing to continue to work under the existing contracts due to these conditions.
What should I do?

Purchase this Solution

Solution Summary

Unions on strike scenario is featured.

Solution Preview

Because this is a Fortune 500 company you have to first think of your investors of the company and how a possible strike will effect the corporation in terms of profit, etc. Under the business judgement rule (persumption that any decision that an officer of the company makes is in the best interest of the company) any decision you make will probably be ...

Purchase this Solution

Free BrainMass Quizzes
Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Operations Management

This quiz tests a student's knowledge about Operations Management

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.