Shareholders made a profit but the company lost ground due to management mistakes and lack of money to fix them. Buyers seek to receive a service or product taking into account the price quality balance. Employees high wages comfortable conditions social protection and development opportunities. The set of interests for each employee is different someone is ready to sit at a boring job for a lot of money and someone is ready to receive a penny if only the tasks were interesting. The realization of these interests may cause conflicts. For example management may ignore the nees of employees for the sake of greater profits saving on salaries or training. For example Nike has face repeate protests and accusations because it paid workers in Indonesia below market wages and use child labor.
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The larger and more profitable the company the more people involve in it which means that the interaction between them weakens. For example in 2014 General Motors recalle a series of vehicles due to faulty ignition. But members of the Costa Rica Email List leadership did not know about the problem until the scandal erupte. In a huge company information about a possible malfunction was simply lost due to irresponsible employees. 2. The culture and values of the business environment are the principles of communication between management and employees democratic management attitude towards overwork. For example Zappos has abandone the traditional job system.
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Each employee can perform several roles so there is almost no boss subordinate hierarchy. Another case among the Japanese it is considere normal to take only 2 days of vacation out of 20 and overwork. And employers take advantage of it. 3. Legislation and business practice — labor legislation rights of shareholders and investors informal USA Business business rules. The labor code is a line that companies cannot cross even for the sake of saving. It determines the number of working hours payment for processing the minimum wage. In 2019 for example McDonald’s agree to pay 26 million to settle a nearly seven year lawsuit. The fast food chain has been accuse of underpaying American staff in California. 4. The labor market is unemployment an overabundance of jobs high demand for certain specialties.
