Week 4 Discussions & Learning Activities

During an economic recession, discuss how management’s or a union’s bargaining power might be affected. Give an appropriate business example to illustrate what you mean, support it with at least one reference. Please interact with at least one classmate.

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During a financial slump negotiating power on both sides, “Management and Union,” is obstructed. A financial recession usually results in a decrease in profits and economic stability, but not outbound expenses and cost. It is a fine line in communal negotiating during a recession. If the pendulum is swung too far to management, there is the risk of losing your personnel at an uncertain time. If it fluctuates too far to unions, the company falls victim to the downturn, and then the unions will have no jobs to deal. It appears, for the most part, the most recent slump creates an influx of labor-management relationships. Job insurance is a significant factor for both sides. As a result, most labor-management goes in the direction

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