Homework: Refer to business of your choice‚ explain the division of labour within that business with visuals if possible. Explain the relevant advantages and disadvantages of specialization in the business to choose. INTRODUCTION TO FOXCONN All the Apple products‚ including Apple iPods‚ iPhones‚ and MacBook series are manufactured globally‚ but the biggest factory with which Apple contract to make products is Foxconn Technology Group in Shen Zhen‚ China. Foxconn Technology Group‚ also known as
Free Apple Inc. Foxconn
Strikes and lockouts: LRA 66 of 1995 | Right to strike and recourse to lockout | A strike or a lock out is prohibited when:1. a collective agreement prohibits it2. issue in dispute must be referred to arbitration or Labour Court3. issue in dispute is arbitration award‚ collective agreement or Minister award4. a determination in BCEA 75/97 regulates the dispute (only in first year) | Protected and unprotected strikes and lock outs | Substantive and procedural requirements set forthProcedural requirements
Premium Trade union Strike action
Alienation of labour is constantly occurring in capitalist societies whether or not we think it is. In order to understand what alienated labour is one must first understand the difference between labour and labour power. Labour is the purposive human activity whereas‚ labour power is the power to labour over an agreed period of time‚ typically in exchange for wages. Braverman explains that capitalism compels people to enter the market for survival and to make decisions based on calculations
Premium Karl Marx Marxism Capitalism
a) Distinguish clearly between Old Labour and New Labour (5) "New Labour" was first termed as an alternative branding for the Labour Party‚ dating from a conference slogan first used by the Labour Party in 1994‚ which was later seen in a draft manifesto published by the party in 1996‚ called New Labour‚ New Life For Britain. It is also the turning point of Old Labour changed to New Labour with a symbolic of new aims/value of the Labour party which called New Clause 4‚ published at the 1994. The
Premium Labour Party Socialism Tony Blair
Do free labour markets yield better jobs? What is a free labour market? Free Labour Markets refer to markets in which employees enjoy a great deal of freedom to manoeuvre. A free labour market is one which is flexible and can adapt quickly to fluctuations in economy‚ society and production. Free Labour Markets generally exist in Liberal Market Economies where hierarchies and competitive market arrangements exist. Britain‚ The US and Ireland all have Liberal Market Economies. On the other hand‚
Premium Economics Free market Market economy
Theory of Labour Demand The standard models of labour demand in economics refer to the neoclassical marginal productivity theory of demand. According to this model‚ there are several simplifying assumptions must be made‚ which are: Goal of business firms is to maximize profit Two goods produce There are only two factors of production (capital and labour) to produce its product. Firm operates in perfectly competitive product and labour market. Wages represent the only cost of labour and that
Premium Economics Profit maximization
1. What legislation (statutes) should you consider in evaluating the above scenario and why should you at least consider those statutes? Mention at least two statutes and why you believe they might be relevant to the fact scenario. (2 marks) Hint: the common law is not a statute. The legislations that should be considered when evaluating the above scenario are the Ontario Human Rights Code (OHRC)‚ the Employment Standards Act (ESA) and the Occupational Health and Safety Act (OHSA). I believe
Premium Employment Trade union Termination of employment
Business Environment: Labour condition in Foxconn Specific Issus: A startling 13 young workers attempted or committed suicide at the two Foxconn production facilities in southern China between January and May 2010. in NATIONAL factor: We can interpret their acts as protest against a global labor regime that is widely practiced in China. Their defiant deaths demand that society reflect upon the costs of a state-promoted development model that sacrifices dignity for corporate profit in the
Premium Wage Overtime Migrant worker
In terms of section 185(b) of the LRA every employee has the right not to be subjected to unfair labour practices. According to the first statutory definition‚ an unfair labour practice was “anything the industrial court deemed to be an unfair labour practice”. The current definition of “unfair labour practice” reads as follows: (2) “Unfair labour practice” means any unfair act or omission that arises between an employer and an employee involving— (a) unfair conduct by the employer
Premium Discrimination
Labour Disputes: A look at the TKM unrest Introduction: Toyota Kirloskar Motor Private Limited (TKM) was a joint venture‚ established in 1997‚ between Toyota Motor Corporation (Toyota)‚ Japan’s largest car company and the second-largest car manufacturer in the world‚ and the Kirloskar Group of India. Toyota holds an 89% equity stake and while the Kirloskar Group holds the remaining 11%. Toyota has over 400 acres of land in its Bidadi plant and less than half of the land has been utilised
Premium Trade union Strike action