Part one of term paper
INTRODUCTION The goal of all corporations is to increase shareholder wealth. Shareholder wealth is increased is by increasing the corporation's profit. In a corporation involved in manufacturing, reducing the cost of the factors of production is essential for growth. One of the major components of production costs is labor. When in comes t ...

Part two of term paper
... and benefits. Because of this somewhat adversarial relationship, corporations and labor have developed strategies to strengthen their positions. One of Labor's main defenses is to organize in unions. The existence of unions can be an effective method of gaining a position of strength, especially when dealing with power corporations. Depending on the size of the corporation, they might have the power to employ methods which are difficult for the workers to prevent or counteract. One tactic ...