BIOC 212 Chapter Notes - Chapter 3: Occupational Safety And Health, Labour Power, Air Canada
17 Aug 2018
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Chapter 3: economic and social environments part 1. How the elasticity of supply and demand impact labour power. Marshall"s four conditions and how they affect labour power. The impact of free trade, deregulation, and privatization power. The institutional and noncompetitive factors that affect labour supply. The impact of free-trade, privatization, deregulation of labour relations in. Increases international competition from series of trade agreements. Most significant change in economic environment in early 1990s. More expensive to be in conflict (unions vs. management) so increased cooperation. Social concerns are lost because there are no rules, but it"s good because you"re not constricted, can be creative. Examples of previously regulated companies: telecommunications (bell), air travel (air canada vs. air france), taxis (ubers) Decrease in government influence on product market through sales of government owned enterprises. Transfer or contracting out services to private sector. When you work for profit, you need to eliminate jobs to make more money.
