BUSINESS - PowerPoint PPT Presentation

Loading...

PPT – BUSINESS PowerPoint presentation | free to download - id: 7c655e-N2I0M



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

BUSINESS

Description:

BUSINESS & LABOR Sole Proprietorship Partnership Corporation Non-Profit Organization Types of Workers Labor Unions Labor Unions (Organization) Collective Bargaining – PowerPoint PPT presentation

Number of Views:44
Avg rating:3.0/5.0
Slides: 10
Provided by: WSFCSW418
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: BUSINESS


1
BUSINESS LABOR
  • Sole Proprietorship
  • Partnership
  • Corporation
  • Non-Profit Organization
  • Types of Workers
  • Labor Unions
  • Labor Unions (Organization)
  • Collective Bargaining

2
SOLE PROPRITORSHIP Business that is organized by
one single owner.
  • Positives
  • Easiest type to organize
  • Owner has the power to make decisions
  • Profit does not have to be shared
  • Negatives
  • Unlimited liability owner is responsible for
    all debts
  • Limited capital only have your financial
    resources
  • Limited life if owner dies, business must be
    reorganized
  • Employees hard to attract

3
PARTNERSHIP A legal joining of two or more
individuals in a business. The least common form
of business organization. Formed by a legal
agreement called the articles of partnership.
  • Positives
  • Additional financial capital
  • Can share expensive start-up costs
  • Each partner brings specific talents
  • Negatives
  • Unlimited liability financially responsible for
    personal as well as business debts of partners
  • Limited life if partner dies, must reorganize
  • Legal structure is complicated

4
CORPORATION A business recognized by law rights
responsibilities of an individual own
property, pay taxes, sue or be sued. Corporations
are formed through a charter granted by the
government.
  • Positives
  • Raise through the sale of stocks/bonds
  • Limited liability only responsible for what you
    invest in company
  • Professional managers
  • Unlimited life many professionals involved,
    business does not need to be reorganized
  • Negatives
  • Expensive complex to start
  • Owners have little control/decision making
  • Government regulation/corporate income taxes
  • Most difficult to organize

5
NON-PROFIT ORGANIZATION An organization that
operates like a business to support its members.
  • Structured much like a corporation, but do not
    operate for a profit.
  • Non-profits seek to provide a service to its
    members, or the community in general.
  • Examples Churches, YMCA, State Employees Credit
    Union

6
TYPES OF WORKERS
  • Blue-Collar Worker category of workers employed
    in crafts, manufacturing, and non-farm labor.
  • White-Collar Worker category of workers
    employed in offices, sales, or professional
    positions.
  • Agricultural Worker category of workers
    involved in farm labor.
  • Categories of Skill
  • Unskilled Worker people whose job requires no
    specialized training.
  • Semi-skilled Worker people whose job requires
    some training in job-related skills, often modern
    technology.
  • Skilled Worker people who has learned a trade
    or craft either through a vocational school or as
    an apprentice.
  • Professional highly educated individuals with
    college degrees and usually additional training.

7
LABOR UNIONS
  • Purpose organized to improve wages and working
    conditions for its members.
  • History Labor unions became prevalent during
    the early 1900s as the industrial revolution
    changed the US economy.
  • Unions were instrumental in improving working
    conditions in factories, working hours, wages,
    and creating child labor laws.
  • Recently labor unions have seen a decline in
    membership because of the decline in blue collar
    jobs in the US, and the movement of manufacturing
    jobs overseas.
  • Examples
  • Craft Union union made up of skilled workers in
    a specific trade or industry.
  • Industrial Union union made up of all workers
    in an industry regardless of job or skill level.
  • AFL-CIO American Federation of Labor Congress
    of Industrial Organizations. Organization that
    combined Craft and Industrial unions.

8
LABOR UNIONS (2)
  • Levels of Organized Labor (Labor Unions)
  • Local Union members of a union in a factory,
    company, or geographic area.
  • National Union Individual industrial or craft
    unions that represent local unions nationwide.
  • Federation (AFL-CIO) represents 13 million
    people in US and other countries.
  • Types of Union Agreements
  • Closed Shop workers had to belong to the union
    in order to be hired by a company. (Taft-Hartley
    Act 1947 illegal)
  • Union Shop must join union after being hired.
    (States can ban)
  • Right-to-Work-Laws States laws preventing
    unions from forcing workers to join.
  • Federal Regulation National Labor Relations
    Board

9
COLLECTIVE BARGAINING
  • Collective Bargaining process by which union
    and company meet to discuss the terms of workers
    contracts.
  • Mediation 3rd party brought in to help reach an
    agreement not forced decision.
  • Arbitration 3rd party listens to both sides and
    makes a final decision.
  • Strike workers in union refuse to work until
    demands are met.
  • Picketing workers carry signs outside business
    to alert public of issues workers have with the
    company.
  • Boycott workers urge public to refuse to
    purchase goods or services due to worker
    treatment.
  • Lockout company blocks workers from entering
    building until workers agree to a contract.
About PowerShow.com