Management is primarily concerned with the effect a negotiated wage increase will have on:

Question

Quizplus · Accepted Answer

Management is primarily focused on the competitive industry position as a wage increase can potentially affect the cost structure of the organization and its ability to compete with other companies in the same market. While board members and stockholders may be interested in financial implications, they are not directly involved in managing the day-to-day operations of the organization. Supervisors may also be impacted by wage increases, but it is not the primary concern of management.

Management Is Primarily Concerned with the Effect a Negotiated Wage