Economics For The Global Manager

Globalization is an important aspect of modern world system. It is one of the most influential forces determining the future global development. Globalization involves all areas of public life, including economy, politics, social sphere, culture, ecology, and safety. The basic sphere of globalization is the international economic system, i.e. global manufacture, national economies and the world market. By the end of XX century the international economic system has turned to the complex structure including about 186 countries. To some extent all of them participate in globalization process try to build and adjust the national markets. 1. Globalization is an important aspect of modern world system. It is one of the most influential forces determining the future global development. Globalization involves all areas of public life, including economy, politics, social sphere, culture, ecology, and safety. The basic sphere of globalization is the international economic system, i.e. global manufacture, national economies and the world market. By the end of XX century the international economic system has turned to the complex structure including about 186 countries. To some extent all of them participate in globalization process try to build and adjust the national markets. In his article, chairman Greenspan addresses a very important issues concerning recent economic situation in the USA, economic growth rates, inflation and employment issues. This analysis shows that economic growth and price stability has a direct impact on the unemployment rate and welfare. Greenspan shows that there is a direct dependence between these two issues. Integration of the global employment market is another cause of unemployment. Greenspan pays a particular attention to globalization processes and reducing barriers between countries which resulted in afflux of high-qualified work force into America from Post-Soviet Union countries, China and India. 7. Taxi service is often regulated, with restrictions on market entry and pricing, although many communities are implementing.

• What additional questions do you have after reading the posting? • What clarification do you need regarding the posting? • What differences or similarities do you see between your posting and other classmates’ postings? After spending some time observing the day-to-day operations of Elora Jean & Co., you have noticed a trend in employee and labor relations issues. These issues include perceived unfair treatment from managers, distress over disciplinary actions, and anxiety about new human resources (HR) policies. As the HR consultant, you see an opportunity to educate Elora Jean & Co.’s management team on grievance practices. You decide to review guidelines on dispute resolution and grievance procedures and prepare a presentation for the company’s owner. Prepare a presentation on developing a work climate in which grievances are a last resort and how to properly address them when they do occur. • Include recommendations on a strategy that Elora Jean & Co. can incorporate to proactively avoid grievances.

Your recommendation should include a way to create an environment in which employee issues are identified and addressed before they move into a formal grievance process. Recommendations for creating positive employee relations should be discussed. • Include recommendations for a dispute resolution process for the nonunion offices. Your proposal should include a sample procedure for nonunion employees to follow when complaints arise. • Present step-by-step guidelines for handling grievances in the production facility. Your presentation should include recommendations for investigating complaints, working effectively with union representatives, and summarizing supervisor responsibilities. Include cautions about actions to avoid when handling grievances. • Include a proposal for training to educate the line managers on handling grievances and avoiding grievances to ensure violations do not occur. Specifically, discuss the areas that such training should cover. Note: The 15-slide presentation should include a minimum of 13 slides with speaker notes of 150-200 words. The title slide and reference slide do not have to have speaker notes. After spending some time observing the day-to-day operations of Elora Jean & Co., you have noticed a trend in employee and labor relations issues.

These issues include perceived unfair treatment from managers, distress over disciplinary actions, and anxiety about new human resources (HR) policies. As the HR consultant, you see an opportunity to educate Elora Jean & Co.’s management team on grievance practices. You decide to review guidelines on dispute resolution and grievance procedures and prepare a presentation for the company’s owner. Prepare a presentation on developing a work climate in which grievances are a last resort and how to properly address them when they do occur. • Include recommendations on a strategy that Elora Jean & Co. can incorporate to proactively avoid grievances. Your recommendation should include a way to create an environment in which employee issues are identified and addressed before they move into a formal grievance process. Recommendations for creating positive employee relations should be discussed. • Include recommendations for a dispute resolution process for the nonunion offices. Your proposal should include a sample procedure for nonunion employees to follow when complaints arise.