No I am asking for a situation when the unions have an agenda of extracting maximum benefits out of the company while actively encouraging its members to put in the absolute bare minimum of effort. This will in a few years time will make the company's products prohibitevly expensive due to the associated cost inflation. As a result of which the company's products are no longer competitive in the free market unless heavily subsidized by tax payer dollars (think UAW and its role in gutting American car mannufacturing. These days except for states in rural US, cars made by American car companies: GM, Ford, Chrysler are mostly considered as jokes all over the world).
I mean the very simple question is: who pays? What protects the shareholders, management and the employees?
I mean the very simple question is: who pays? What protects the shareholders, management and the employees?