2. Learning Outcomes
• Explain why workers unionize and how unions are structured, and
describe the collective-bargaining process.
• Discuss key terms associated with union/management issues, such as
mediation and arbitration.
• Identify the tactics used by each side to support its negotiating
position: strikes, picketing, boycotting, and lockouts.
9. The Fundamentals of Business slide decks by Obada Al-Dimashki, Alfonsina Chang, Deanna
Davies, Edward Perry, Zachary Russell, and Robin Yap are licensed under a
Creative Commons Attribution-ShareAlike 4.0 International License, except where otherwise
noted.
10. This slide deck was created with the support of eCampusOntario as
part of the Open at Scale Business project.
eCampusOntario is a not-for-profit corporation funded by the
Government of Ontario.
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Editor's Notes
#2:See online at https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/foundations-of-business/
Learning Outcomes
Identify the questions to ask in choosing the appropriate form of ownership for a business.
Describe the sole proprietorship and partnership forms of organization and specify the advantages and disadvantages.
Identify the different types of partnerships and explain the importance of a partnership agreement.
Explain how corporations are formed and how they operate.
Discuss the advantages and disadvantages of the corporate form of ownership.
Examine special types of business ownership, including limited-liability companies, cooperatives, and not-for-profit corporations.
Define mergers and acquisitions and explain why companies are motivated to merge or acquire other companies.
#4:See online at https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/unions/
Unions have a pyramidal structure much like that of large corporations. At the bottom are locals that serve workers in a particular geographical area.
Negotiations start when each side states its position and presents its demands. As in most negotiations, these opening demands simply stake out starting positions.
If negotiations stall, the sides may call in outsiders.
Another difference between union and non-union environments is the handling of grievances—worker complaints on contract-related matters.
#5:See online at https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/unions/
Photo by rawpixel.com from Pexels
#6:See online at https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/unions/
Instruction to professor: Make sure to click the photo or the bubble to go to the online timeline of the history of unions
Photo by rawpixel.com from Pexels
#7:See online at https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/unions/
Union membership in Canada and the United States have been declining for some time. In Canada, the unionization rate fell from 37.6% in 1981 to 28.8% in 2014. So will membership continue to decline causing unions to lose even more power?
Photo by Pixabay on https://www.pexels.com/photo/group-of-persons-wearing-yellow-safety-helmet-during-daytime-33266/
