Development and raising the price of products and services


Problem:

Employees represented by a union are paid approximately 30% more (in terms of pay and benefit costs) versus those employees not represented by a union. Discuss how an organization whose employees are represented by a union can remain competitive against an organization whose employees are not represented by a union, especially when it must commit more monies towards its employees, which often requires lower investment in research and development and raising the price of its products and services.

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Strategic Management: Development and raising the price of products and services
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