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Jill has been negotiating the purchase of a speedboat with Sandi for the last two weeks. Two days ago, she emailed Sandi, saying "I won't go any higher than $8,000 and that includes the trailer. Take it or leave it, but that's my final offer." Sandi sent an email the same day that said "I will accept $8,000, but not including the trailer." There is a contract between Jill and Sandi.
Efficiency-Enhancing Unionism
A perspective on labor unions suggesting that they can lead to positive outcomes for both employers and employees by improving work processes and productivity.
Labor Union
An organized association of workers formed to protect and advance their members' interests, typically through bargaining for better working conditions and compensation.
Strategic Business Partners
Associations or collaborations between companies that combine resources, knowledge, and markets to pursue mutual business goals.
Employee Ownership Unionism
An approach within unionism that advocates for workers owning shares or having an equity stake in the company they work for, fostering a sense of ownership and investment in the workplace.
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