What General Factors May Influence the Decision of Whether to Organize

question 98

Essay

What general factors may influence the decision of whether to organize as a sole proprietorship, a partnership, or a corporation?

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Definitions:

Bargaining Power

indicates the capacity of one party in a negotiation to influence the agreement terms in their favor, often due to their position, resources, or alternatives available.

Lockout

An action taken by employers to prevent workers from entering the workplace, typically used during labor disputes to pressure the union to accept contract terms.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working conditions.

Organizing Process

The organizing process involves arranging and structuring work to achieve organizational goals effectively and efficiently.