Why making the union a take-it-or-leave-it offer


Assume a UAW labor contract with General Dynamics is being renegotiated. If you are an executive in charge of human resource issues at General Dynamics, would you be better off, some of the many issues on the table include job security, health benefits, and wage.

1. Explain letting the union bear the expense of crafting a document summarizing its desired compensation.

2. Why making the union a take-it-or-leave-it offer. Explain in detail.

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Macroeconomics: Why making the union a take-it-or-leave-it offer
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