Labor Relations and Collective Bargaining Agreements Strayer University BUS 310 Prof. Robert High March 15‚ 2009 Outline Labor Relations and Collective Bargaining Agreements I. History of the American Labor Movement a. Labor and Employee Laws b. The Union II. Labor Relation Process c. Public-Sector Labor Relations
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Labor Relations and Collective Bargaining A labor union can be defined as an organization of employees that uses collective action to advance its members’ interests in regard to wages and working conditions. Two General Types of Unions 1. Industrial Union * Members of this union all employees in a company or industry‚ regardless of occupation. 2. Craft Union * Members of this union belong to one craft or to a closely related group of occupations Labor relations are
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ANCILLARISATION Ancillarisation and Sub-contracting in India started simultaneously with the Govt. setting up enterprises almost in all the core sectors viz. manufacturing equipment for Defence/ Railways/ Telecommunications‚ Heavy Electricals‚ Electronic‚ Chemical‚ Fertiliser‚ Petroleum/ Petrochemicals‚ Ship & Aircraft manufacturing and various other engineering and processing industries. The large industries notably HMT and other Public Sector undertaking (PSUSs) started sub-contracting the standard
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Collective Bargaining Exercise BUS 305 – Industrial Relations A critical part of industrial relations is the collective bargaining process. As a class‚ and individually‚ we have studied the different stages of collective bargaining‚ their importance and contribution to maintaining amicable relations between the unions representing employees and ther employers. On March 15‚ 2013‚ our class had the opportunity of participating in an exercise
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I. ESSAY ONE - Collective Bargaining is essential component in any industrial democracy. "Labor market" can be defined as the mechanism in which workers compete for jobs and employers compete for workers. In a labor market‚ wages‚ benefits and responsibilities of workers are bought and sold. Unlike traditional markets however‚ labor is not a good that can be differentiated by conventional rules of supply and demand. While workers are the suppliers and employers are the buyers‚ overall supply
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PORTER’S FIVE FORCES MODEL FOR HERO HONDA PROJECT ON PORTERS FIVE FORCES MODEL FOR TWO WHEELER COMPANY HERO HONDA SUBMITTED BY: MITHUN KUMAR PATNAIK ROLL NO:A3O6O1909082 MBA2009-2011 BATCH BY MITHUN KUMAR PATNAK‚ AGBS HYDERABAD. Page 1 - AMITY GLOBAL BUSINESS SCHOOL BANJAJAR HILLS‚ ROAD N0:11 ADJECENT TO LAKE VIEW APPARTMENTS RELIANCE HUMSAFAR BUILDING HYDERBAD - PORTER’S FIVE FORCES MODEL FOR HERO HONDA INDEX Contents…………………………………………………………………………………………………………………page 1. INTRODUCTION
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India ’s 2-wheeler segment to buck the present recessionary trend in the economy. What‚ they ask themselves‚ accounts for such resilience: competitive pricing? Quality? Technology? Or‚ is it ready availability? Mr. Brijmohan Lall Munjal‚ chairman‚ Hero Group of Companies‚ addresses some of these issues in an interview with Soumya Kanti Mitra. What makes the 2-wheeler segment so impervious to demand fluctuations? A 2-wheeler is the most necessary consumer durable good owned by lower Middle‚ and
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Hero Honda Environmental Analysis Summary of the Hero Honda’s Environmental Analysis‚ Industry and Competitors. External Environmental Analysis Political: The United Progressive Alliance (UPA) lead by the Indian National Congress (Congress) was re-elected to a second five year term in 2009. The present political scene in India is quite exceptional due to the relatively strong position of the ruling coalition. Economic: India Ranks 11th (nominal) / 4th (PPP) has GDP growth 8.8% (2010‚ Q1)
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------------------------------------------------- Financial analysis of hero honda Submitted By: Luke Thachet [F10026] PraneetaSaboo [F10040] Ruth Sequeira [F10049] Shruthi S [F10052] ACKNOWLEDGEMENT We would like to express our sincere gratitude to Mr.Dwarakanathan for guiding us through to understand the concepts of Commercial and Retail Banking. We would also like to thank him for his constant support that he offered for the successful completion of this project. Working on this
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COST OF CAPITAL of HERO HONDA (WACC) Component | Amount | Cost | Weight | Weighted Cost | No debt: the amount given in bl sheet is a deferred sales tax | | | | | Equity | 39.94 | 20.68206 | 0.011526629 | 0.238394441 | Retained earnings | 3425.08 | 20.68206 | 0.988473371 | 20.44366632 | | | | | | Total Capital employed | 41209.34 | | | 20.68206076 | THE GORDON GROWTH MODEL The Gordon growth model‚ developed by Gordon and Shapiro‚ assumes that dividends grow
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