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Learning Goal: I’m working on a management discussion question and need guidance

by | Aug 30, 2022 | Management | 0 comments

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Learning Goal: I’m working on a management discussion question and need guidance to help me learn.
DQ1
One of the commonly cited reasons that organized labor continues its presence in American economic life is due to the wage gap that is widening between labor and management. Why do these gaps occur? Should government be involved in regulating the workplace to address these income gaps? Could regulatory agencies do what unions are trying to do – which is to ensure better pay for American workers?
DQ2
The federal minimum wage is one of the most controversial economic issues to confront lawmakers on Capitol Hill. Indeed, many states have a minimum wage that far exceeds that set by the federal government. If Washington lawmakers were to significantly increase the minimum wage, would that negate the agenda for organized labor? Does organized labor, in effect, help to push up the minimum wage by negotiating for higher wages and benefits? Or, on the contrary, does union support for a higher minimum wage actually hinder the ability of Congress to pass higher minimum wage laws? Provide support for your answer please.
R1, R2, R3, & R4
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