why do you think the working conditions in factories should be improved
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According to the views of mine Well, in contrast to those who seem to think the generating rents for workers is a good thing, economists typically see this as a downside of unions. Even Richard Freeman, the economics profession's most famous and perhaps important defender of unions, emphasized that when unions use their monopoly power to get higher wages that is a cost of unionization, not a benefit. Instead, the benefit of unions comes from their ability to convey to management the desires of the workers. This is what we call worker voice.
Throughout the discussion on libertarianism and the workplace, the argument has been made the workers bargain with their employers over wages and working conditions. But many working conditions are collective. For instance, the presence of an air conditions, or the company's healthcare plan. An assumption of this discussion is that this market for wages and working conditions is relatively well functioning, but there is a simple collective action problem that suggests it may not always be. This is because all workers benefit when a single employee complains about some working condition they don't like, but that worker bears all the risk of this. Worker voice is the function of unions or other institutions in communication..
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Throughout the discussion on libertarianism and the workplace, the argument has been made the workers bargain with their employers over wages and working conditions. But many working conditions are collective. For instance, the presence of an air conditions, or the company's healthcare plan. An assumption of this discussion is that this market for wages and working conditions is relatively well functioning, but there is a simple collective action problem that suggests it may not always be. This is because all workers benefit when a single employee complains about some working condition they don't like, but that worker bears all the risk of this. Worker voice is the function of unions or other institutions in communication..
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Hey !!!!
️ Your question was::
Why do you think the working conditions in factories should be improved???
Here is your answer ✍️
⬇️⬇️⬇️⬇️⬇️
⏩Factory owners commonly report that they receive mixed messages from customers. They may receive a code of conduct from your CSR(Corporate social responsibility) department, and a message to prevent overtime. And then they may receive another message from your supply chain manager insisting that products be delivered on time, regardless of late changes. It is no surprise then, that many suppliers don’t take codes of conduct all that seriously – or are consistently put in a position where they cannot take them seriously if they want to stay in business. A consistent message, and integrated policy is essential for sustained improvements.
In a traditional apparel factory, workers might specialize in performing routine tasks, such as sewing individual seams. Large bundles of inventory might stack up while waiting for other parts of production to catch up. In this setting, a garment that needs only a few minutes of actual labor might take days to assemble. Inventory buffers also make it harder for factories to respond if a company decides to change an order size, say for a design change or in response to consumer demand, which adds costs ✋and limits responsiveness.
I hope it will help u!!☺️✌️
️ Your question was::
Why do you think the working conditions in factories should be improved???
Here is your answer ✍️
⬇️⬇️⬇️⬇️⬇️
⏩Factory owners commonly report that they receive mixed messages from customers. They may receive a code of conduct from your CSR(Corporate social responsibility) department, and a message to prevent overtime. And then they may receive another message from your supply chain manager insisting that products be delivered on time, regardless of late changes. It is no surprise then, that many suppliers don’t take codes of conduct all that seriously – or are consistently put in a position where they cannot take them seriously if they want to stay in business. A consistent message, and integrated policy is essential for sustained improvements.
In a traditional apparel factory, workers might specialize in performing routine tasks, such as sewing individual seams. Large bundles of inventory might stack up while waiting for other parts of production to catch up. In this setting, a garment that needs only a few minutes of actual labor might take days to assemble. Inventory buffers also make it harder for factories to respond if a company decides to change an order size, say for a design change or in response to consumer demand, which adds costs ✋and limits responsiveness.
I hope it will help u!!☺️✌️
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