Before you begin this activity, be sure that you have: • Read Textbook Chapter 7 • Reviewed the PowerPoint for: o Chapter The first few chapters of the text focused on providing an analysis of the labor relations system in terms of how workers view unions, the history of unions and the legal and regulatory environment. To gain a better understanding of management’s attitudes, we’ve skipped ahead to Chapter 7. In this chapter, you have read about management’s approaches to unions from acceptance to avoidance, and the steps that managements have taken to implement their approach. In this discussion, you will have the opportunity to examine the approaches across industries. In the first module, we examined why workers join unions and also assessed why business unionism was critical in establishing the first successful union movement in the U.S. Chapter 7 provides an overview of management’s attitudes and behaviors toward unions. As your text notes, through 1950s and late 1970s, managements, unions and government each had a role in the employment environment. With the changing economic landscape since then, many companies have shifted their position from union acceptance to union avoidance. In this discussion, we’ll examine factors that are critical for understanding management’s attitudes toward unions. Since the 1970s, we have seen a shift in management’s attitude and approach toward unions. For this discussion, we will examine why this shift occurred and its implications for the future. In your initial post please address the following: • What factors are important in understanding a company’s attitude/approach toward unionization of its employees? • Based on the factors you identified, what impact do you see for the U.S. workforce over the next 10 years?
Changes in Monetary Policy Assume that the Bank of Ecoville
Changes in Monetary Policy Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place: