17. Trade Unions Flashcards
What are the common aims of businesses?
Maximise profits
Maximise sales
Minimise costs
What are the common aims of employees?
Maximum wages
Safe working environment
Good employment terms
Job security
What is a Trade Union?
An organization with the objective of improving the conditions of their members and providing support and legal services when required
What are the benefits of joining a Trade Union?
Strength in numbers Services like insurance and legal assistance Advice Improved pay Improved working conditions
What are the 4 types of Trade Union?
Craft Union for craftsmen
Industrial Union for industry workers
General Union that represents anyone
White Collar Union that represent professional highly skilled workers
What is the role of Trade Unions?
Provide legal advice
Bargain for better pay with the government
Give support those made redundant
What is a strike?
Trade union members refuse to work
What is a Work to rule?
Work exactly as stated in the contract and not do anything further than that
What is a go-slow?
Trade Union members complete work extremely slowly
What is a sit-in?
Union Members show up to work but do nothing
What are the negative impacts of trade unions on the economy?
Causes the economy to be less productive
Reduces firm profits
