The catalyst for union-management cooperation is often the financial exigency of the employer and the specter of potentially large job losses.

Question

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When an employer is facing financial difficulties, the possibility of lay-offs or even bankruptcy becomes more real. This can create a sense of urgency and a willingness to work together, which can lead to increased cooperation between labor unions and management. In contrast, when an employer is doing well financially, there may be less incentive to cooperate, especially if management sees no immediate benefit in doing so. However, it's worth noting that there may be other factors that influence union-management cooperation, such as changes in technology or shifts in the labor market.

The Catalyst for Union-Management Cooperation Is Often the Financial Exigency