Arden Glassworks has been the major employer in the town of Arden for over 20 years, drawing mainly on the low and semi-skilled labor force. Now, a large telephone marketing firm is opening an operation in Arden which will also employ low and semi-skilled workers. Which of the following statements is TRUE?
a.
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Since Arden and the marketing firm are in different industries, the impact on Arden's workforce will be minimal.
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b.
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Arden will need to offer higher pay and benefits to its employees in order to keep them from moving to the new employer.
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c.
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The marketing firm would only open a new operation in a geographic location that has a low average wage so that it can minimize labor costs. Consequently, there will be no upward pressure on the wages and benefits Arden must pay.
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d.
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Since Arden and the marketing firm are in the same geographic area, Arden will need to consider the pay scales and benefits the new firm will offer.
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