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What term refers to the condition of workers who could never afford to pay what they owned to a company store?
The term that refers to the condition of workers who could never afford to pay what they owed to a company store is "debt peonage" or "debt bondage." This situation often arises in company towns where workers are paid in scrip or credits that can only be spent at the company store, trapping them in a cycle of debt and dependence. As a result, workers find it nearly impossible to escape their financial obligations and improve their circumstances.
When minimum wage increases for workers how does this affect the supply curve for a company?
When minimum wage increases for workers this affects the supply curve upwards for the company. This will mean that the cost goes up which pushes the curve to the left.
Production workers of the alpha corporation were on the strike demanding for the additional bonus which was rejected by the CEO of the company as per the financial position of the company the CEO com?
Production workers of the alpha corporation were on the strike demanding for the additional bonus which was rejected by the ceo of the company as per the financial position of the company the ceo com? In: Business Ethics [Edit categories]
Where the goal of growth is being pursued?
A company opens a new factory and employs more workers.
Did Marx believed his economic system would pay workers according to their needs?
Marx believed that capitalism would have already placed all workers in company owned towns (or something equivalent) that provided for all their needs, before the revolution. The workers "pay" would not be in money but in company "credit" at the company store, company hospital, etc. After the revolution this system could just be kept in place, with minor modification to even the distribution of wealth. The workers would be better off afterwards because the capitalist's that used to own the companies would have their "excess wealth" removed and divided among the workers.Nothing like this ever happened.
When a business have a unionized Workforce they do not negotiate Employment contract directly with the workers what do they use instead to govern the relationship between the union and the company?
labor contract
What are time-contract workers?
Time-Contract workers are workers recruited for a fixed period to work in menial or unskilled positions
What are time contract workers?
Time-Contract workers are workers recruited for a fixed period to work in menial or unskilled positions
What would be the motive if a company privatized made a contract forcing workers to make them profitable and then later file for bankruptcy?
The motive of a company to privatize,making a contract then later filing for bankruptcy was to raise cash to keep them a float.
What hours do welders have?
Welders usually have the same hours as most other industrial workers . The job / contract/ company will determine what hours are worked.
Does a company have to post a position that it intends to promote a current employee to?
No, there is no requirement for an employer to 'post' an open position with in management or for workers unless there is a labor contract (unionized work place) in place and the position falls with in that contract
What united fruit company came to control?
All of the above (APEX)
on what base the contract of migrant workers signed?
There is a Foreign Labor Certification which may be referred to as a contract of migrant workers. This certification allows for businesses to hire migrant workers if they have been unable to use or find local workers for the position.
When businesses have a unionized workforce they do not negotiate employment contracts directly with the workers. Wht do they use instead to govern the relationship between the union and the company?
labor contract
What title is given to Government workers who interact with foreign officials?
Gay
What did the fruit company come to control?
A. Towns where its workers lived. B. Transportation of its products. C. Government officials in foreign nations. D. All of the above are true.All of the above the answer is D
What did the United fruit company control?
A. Towns where its workers lived. B. Transportation of its products. C. Government officials in foreign nations. D. All of the above are true.All of the above the answer is D
