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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1845 |
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It might be in the company’s best interest to enter into an integrative negotiation with the union in an effort to have a win /win result.
Overwhelmed with problems related to outdated technology, overpowering competition, falling stock values, high labor costs, mixed results of international presence and economic pressures; Global Communications responded , in part, by seeking specific opportunities...
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These opportunities included plans to update its technology by improving performance and competitiveness, increasing stocks, products, and services. This also includes reducing labor costs to improve the company’s overall results.
Stakeholder Perspectives/Ethical Dilemmas
The shareholders of Global Communications are the main stakeholders and it is the responsibility of senior management to be creative, responsible and ethical in prioritizing their interest, rights, and values while implementing changes...
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