Mitigating income and other forms of inequality


Question: Mitigating income and other forms of inequality are complex issues, and from an individual businessperson's perspective it can seem completely overwhelming. Thankfully, however, an increasing number of business leaders have chosen to act rather than be intimidated and not even try. Amazon, for instance, provides tuition benefits which help educate their workforce, which over time numbers millions of employees. Furthermore, the company even makes special allowances for employees who study in areas identified by the government as most needed in the future. In other words, Amazon is doing its part to upskill or reskill part of the workforce, which should translate into a larger number of workers with skills that are in demand for a range of employers and industries in the future. Amazon's record on addressing income inequality is a bit more controversial, as they have increased wages but continue to combat unionization. Which of the potential solutions for income inequality does this represent? Select one: A. Increase and improve education B. Ensure that skills meet the needs of the larger economy C. Value human capital appropriately D. Train employees

 

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Other Management: Mitigating income and other forms of inequality
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