BBA2010 Columbia Southern Two Tier Wages in USA Response Paper

User Generated

Orireyl84

Business Finance

BBA2010

Columbia Southern University

Description

Read “Your Turn: Two-tier Wages” on pp. 242-243 and compose a paper using your responses to the questions following the Case Study on p. 243. Your paper should consist of at least two pages, and all citations and references should be in APA format.

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Explanation & Answer

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Running head: CASE STUDY

1

Case Study
Student’s Name
Institution Affiliation

CASE STUDY

2
Case Study

Question 1
The use of two-tier wage approach in the US has had a significant impact on the job
growth of automobiles in the US (Gershenfeld, Brooks, & Mulloy, 2015). The reduction in labor
costs on each car enables the automobile firms to make savings. In regards to GM, it can be able
to save as much as $450 on each particular vehicle as a reduction in the labor costs due to the
two-tier system. Consequently, GM can manage to keep as much as $72, 000,000 per annum, an
aspect that will enable the US automobile to turn out competitive in the global market.
Question 2
In regards to M...

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