A global company with subsidiaries in 38 countries across the world introduces a new set of global strategies, which should apply to all employees irrespective of where they work. These strategies stipulate that pay, status and rank in the company will be determined by the employees ability to step up, utilise their resources, think outside the box, be proactive, be vocal, and challenge conventional thinkingI. All employees will be pleased if the strategies are implemented.II. It may cause some disadvantages to employees located in Europe.III. Asian employees would be severely disadvantaged compared to their European and American colleagues.IV. By having similar goals for all its companies, the organisation will be able to avoid discrimination lawsuits.

BUSINESS COMMUNICATION

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A global company with subsidiaries in 38 countries across the world introduces a new set of global strategies, which should apply to all employees irrespective of where they work. These strategies stipulate that pay, status and rank in the company will be determined by the employees’ ability to ‘step up, utilise their resources, think outside the box, be proactive, be vocal, and challenge conventional thinking’I. All employees will be pleased if the strategies are implemented.II. It may cause some disadvantages to employees located in Europe.III. Asian employees would be severely disadvantaged compared to their European and American colleagues.IV. By having similar goals for all its companies, the organisation will be able to avoid discrimination lawsuits.

A	III
B	I and III
C	II, III and IV
D	All the above

Explanation:

Detailed explanation-1: -Many workers are denied fair wages by their employers. Because they badly need work, workers have no bargaining power and are paid low wages. This law is meant to protect the interests of all workers; particularly, farm labourers, construction workers, factory workers, domestic workers, etc.

Detailed explanation-2: -(iii) Stable Wages: Earnings of the workers, under this method, is stable.

Detailed explanation-3: -Collective bargaining is a process through which the union and employer exchange proposals, share ideas, mutually solve problems, and reach a written agreement. Most times, bargaining occurs when an existing contract is going to expire.

Detailed explanation-4: -The main types of collective bargaining include composite bargaining, concessionary bargaining, distributive bargaining, integrative bargaining, and productivity bargaining.

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