How do economic circumstances affect the relationship between labor and management?
602332
When it is hard to find jobs, then management can pretty much call the shots. When it is hard to find workers, management has to offer more to attract employees.
806413
IR, or Industrial Relations, law are the body of laws, administrative rulings, and precedents which addresses the legal rights of, and restrictions on, workers and their organizations. As such, it mediates many aspects of the relationship between trade unions, employers and employees. In some countries (such as Canada), employment laws related to unionised workplaces are differentiated from those relating to particular individuals. In most countries however, no such distinction is made. The labour movement has been instrumental in the enacting of laws protecting labour rights in the 19th and 20th centuries.
686497
Don't think so.\nthere was a time that labour cost was cheap in Japan.Every developing country has a time with cheap labour cost that allows it develop.India is a good example too.A few years,African countries may experience this period as well.\n\nMore importance,the illegal immigrant from Mexico had more impact  on the job loss than cheap labour in America.
196937
Advantage - People in low paying jobs will make more money.\n\nDisadvantages - Higher labor costs will be passed on to consumers in the form of higher prices.  Increasing wages, costs and prices is the definition of inflation.  The ultimate result is that although wages are higher, buying power will either remain the same or decrease due to higher prices.
141488
Unions are OLD FASHIONED, yes unions brought us things like WEEKENDS, collective bargaining, striking power. But all of this is lost when you no longer have an unlimited pool of enployment. No unions are not out of control, what is out of control are executive pay scales. If you start a company with YOUR OWN money then you deserve whatever it is you want to take out, but if your like Micheal Eisner who ran Disney it was not his investment and was paid 100 million to do a job....
571706
No. Different places, and different countrys have had many inovations in management.\n\nSome companies have gone to a Japaneese style. Some believe in Taylor, or carrot and stick, or drum and rope, Goldratt, etc. All of these styles and more are being used. \n\nManagement is a study, and some companies use workers like lab rats, some are great places to work, and still others treat their employees like monkeys.\n\nIn the US, the Union gained acceptance, forcing change. It is an interesting field, but takes a lot of reaserch.
204798
Well, I do management studies so...\n\n1. Employees expect their managers to have a good communication skill, to enforce employee-manager relations. It will allow employees to feel more comfortable with their managers and will not hesitate if they need help in anything.\n\n2. Employees also expect their employers to be ready and be prepared for all decision making. Employees expect their managers to posess decision making skills and that the organization or firm will be able to run smoothly.\n\n3. Employees expect their managers to treat their employees with respect and fairness. They expect their managers to be able to notice them and give appropriate promotions if neccessary\n\n4. Employees also expect their managers to be responsible and have some ground rules towards their employees\n\n5. Lastly Technical skills are needed. the managers themselves need to know how the company works and also how the product is been made. Mostly they need to know the how and why of the products
1019324
Not much effects on economy or social well beings..\nThis is because one party employs 'whips' to enforce bench members to 'aye' the motion, even though he/she felt differently..\n\n...if u know what I meant...
475226
Growing climate and available source of labor.
782563
Typically, management refers to providing direction to the organization and the people in it.  \n\nAdministration normally refers to the support functions of an organization, such as payroll, benefits, supplies, purchasing and similar things required to allow the rest of the organization to get on with their jobs.
108344
Depends on who you are and what your relation is to the management staff?  There would likely be different approaches depending on whether you are an employee, management, district management, etc.
209866
Of course. When any boss hires an employee, he expects that employee to generate more wealth for him than he pays them.\nIt's called Capitalism. If the rate of pay is mutually agreed upon, then both parties should be happy.
804199
Workers are protected under the Labor Laws.  There are standards of work conditions and security of employment.
950387
Diiya_2002 , this is an insightful question.  \n\n"Managerial" refers to a professional manager, an intermediary or agent that is an essential part of the business system (your "economic").  \n\nThe secure availability of professional intermediaries greatly enhances the ability of a person to own more resources.  For example, if you are a successful farmer, you are not limited to only land that you can plant yourself.  Instead, you can hire a manager to farm additional land for you.  The same applies to people who have more money than they can invest, more ideas than they can develop, or more call on their labor than they have time to spare.  All of these people can engage additional workers or managers to develop their resources beyond their personal capability.\n\nHow does the economy benefit from this?  It allows specialization to develop, which makes people better and better and smaller sections of the value chain.  For example, a 15th century potter would have to mine the clay, build the kiln, chop the wood for the fire, design the mould, set and fire the clay and then sell the product.  By specialising in different segments, and using a market to sell the products in between the different stages, more pottery was able to be produced at a much cheaper rate, permitting many people to eat and drink better.\n\nAs you say though - what is the fundamental?  What is the magic that makes this work.  On the face of it you may argue that it is a clear and certain legal system.  The farm manager will manage the owner's land well, because he knows if he does not fulfill his contract or his duty, he will suffer legal penalties.  I would argue that you can go one step further than the legal sanctions - because only a very small amount of the millions of daily transactions actually end up in the formal court system.  \n\nInstead the lifeblood of everyday commerce in our managerial economy is trust.  Trust built through informal relations is _the_ fundamental of managerial economics, of course buttressed by the ultimate threat of legal penalties.  It is trust that allows us to calmly pass our money to banks, buy our food from strangers and sit in planes flown by others.  \n\nWhy we trust is another important question.  Adam Smith believed the trust was born of reciprocal self-interest.  In his world, the banker reliably manages our money for us, because he receives a higher return than if he were to unreliably manager our money. "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. ".  Others regard this as a little over-cynical, but as usual Smith's ideas are well-founded.\n\nThe managerial economy, applied in various ways, sustains most of the world in an ever-growing economy.  It's fundament is trust, built on the expectation of reciprocal self-interest, and the ultimate redress of legal penalties for those who abuse the system.
308644
the best example for your answer is travel/cargo industry.if coz of heavy rains/earthquakes road&rail system damages, it seriously affects the industry.where the prices of the commodities increase which cargoed by these carriers...consequently economic conditions change....hope that clarifies your q ;)
324730
The one that take care of any labor issue in a company, is the same of human resource manager, you know, interview and hire people, make sure is the right profile for the job, resolve any labor dispute between workers and the company..
538936
Don't have a specific answer for your question, but you may find the answer by checking here and contacting them:\n\nhttp://www.labor.state.ny.us/index.htm