Lean Wausau Equipment Company (A)

Risk of increasing labor costs faster than expected which could directly impact the pricing of the products

operating costs. This could most effectively be accomplished in two ways. First, through a reduction in flying

The movement in organized labor from 1875 to 1900 to improve the position of workers was unsuccessful because of the inherent weaknesses of unions and the failures of their strikes, the negative public attitudes toward organized labor, widespread government corruption, and the tendency of government to side with big business. After the Civil there was a push to industrialize quickly, and the rushed industrialization was at the expense of the workers as it led to bigger profits for big business and atrocious working conditions for them; conditions that included long working hours, extremely low wages, and the exploitation of children and immigrants.

In the early days of trade unionism, there was a direct need for workers to be represented, in areas such

See, e.g., Marion Crain & Ken Matheny, Beyond Unions, Notwithstanding Labor Law, 4 U.C. IRVINE L. REV. 561, 562–53 (2014). “Unions served as a vehicle for worker voice and political influence . . . .”

However, a small percentage of industrial laborers joined labor unions or protested against their company and many feared their jobs would be replace by immigrant workers. Also, larger labor unions, such as the American Federation of Labor and the Knights of Labor, differed on the registration of members and actions taken during strikes and resists. The change in opinions weakened the movement overall as smaller groups formed from the main labor

b-A discussion of how various major types of costs incurred by Home Depot were likely affected?

WIth the power going to their head, their attitude reflected their beliefs that employers were on a higher level that their workers in every way. So they had a strong distaste towards their employees banning together against them because they were challenging their superiority.Many employers gave them an ultimatum, either you sign a contract similar to the Western Union Telegraph Company’s, promising you wouldn’t have any affiliation with the unions, or you lost your job (Document E). In 1883, in a testimony before the Senate Committee on Labor and Capital, a machinist said that "100 men are able to do now what it took 300 or 400 men to do fifteen years ago" in trying to explain his insignificance to the company he worked for (Document D). Due to the fact that they indeed did not necessarily need as many men as they did in the past, employers had no problem firing them if their protests went too

went on strikes. Although the workers had created many strikes and labor unions, they were at the least

Workers would not be able to successfully accomplish the established goals without the help of the union.

The recent decline in share price reflects that the market recognizes the declining profitability of the industry.

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The company may have to pay higher production costs or may not be able to produce and

regulation, cost and availability of raw materials, and cost of labor. A business may have the best idea for

1.0 INTRODUCTION “Today’s strange, new business world needs an augmented model of industry and market analysis that reflects recent developments in industry dynamics, such as globalization, entrepreneurship, technological advances and the internet” (Slater & Olson, 2002).