HRM355 Week 6 assignement

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ywpbra81

Business Finance

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How does an economic recession affect management’s bargaining power? How is a union’s power affected? Conduct research and discover three historical examples of recessions affecting bargaining power. Which party is most negatively affected by a recession? Support your opinion with outside references.

The requirements below must be met for your paper to be accepted and graded:

• Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style.

• Use font size 12 and 1” margins.

• Include cover page and reference page.

• At least 80% of your paper must be original content/writing.

• No more than 20% of your content/information may come from references.

Use an appropriate number of references to support your position, and defend your arguments. The following are examples of primary and secondary sources that may be used, and non-credible and opinion based sources that may not be used.

a) Primary sources such as government websites (United States Department of Labor Bureau of Labor Statistics, United States Census Bureau, The World Bank, etc.), peer reviewed and scholarly journals in EBSCOhost (Grantham University Online Library) and Google Scholar.

b) Secondary and credible sources such as, CNN Money, The Wall Street Journal, trade journals, and publications in EBSCOhost (Grantham University Online Library).

c) Non-credible and opinion based sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. should not be used.

Cite all reference material (data, dates, graphs, quotes, paraphrased statements, information, etc.) in the paper and list each source on a reference page using APA style.

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Explanation & Answer

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Running head: MANAGEMENT BARGAINING POWER

Management Bargaining Power
Name
Tutor
Course
Date

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MANAGEMENT BARGAINING POWER

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Management Bargaining Power
A management’s bargaining power refers to the comparative ability of certain parties in a
circumstance to apply influence they have over each. In a situation where both parties are of
equal powers, then this will be described as an equal bargaining power. Such a situation may be
experienced between monopolies that are evenly matched or even in a perfectly competitive
market (Sheu, 2014). The economy of a nation along with its determinants is impactful towards
management’s bargaining power. This means that a significant change in the economic
indicators influences management bargaining power in one way or another. Examples of such
significant change in economic indicators are a drop in real Gross Domestic Product,
employment, a decrease in retail sales, manufacturing, and income. When these indicators drop
or decrease, such a situation is known as an economic regre...


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