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MGT 501 Assignment Solution Spring 2018

MGT-501 Assignment No 1 Solution Spring 2018

Here, I am providing you "Solution of MGT - 501  Assignment No 1 due date is 23-05-2018" But it is necessary to you that please write this assignment in your own words don't make exact Copy of this document with same wording, make a little bit change in documents so that you can avoid from zero Marks.

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MGT 501 Assignment File: 

Human Resource Management (MGT501)  

Assignment Solution

Due Date: May 23, 2018                                
Spring 2018
Marks: 10


Towering Visions Ltd. has been facing financial problems in meeting financial objectives. The Financial Director has told the Managing Director that it is unlikely that the company will meet its profit targets this year, but a cut in the wages of employees of 1% would do the trick.
The labor union, General Employees Association, has been recognized as a ‘model union’ by some companies. It has pioneered no-strike deals, flexible working and is favorably disposed to the introduction of advanced work practices, new technology and so forth. So, the Managing Director and Finance Director negotiated with the General Employees Association about the cut in wages. ‘After all, it’s only 1% – the union has been cooperative; it has always put the good of the company first’. This idea is presented to the union leader, whose jaw drops in astonishment. This is not the expected response.


As an HR expert, what do you think has gone wrong? 

     The Following things will be occurred;

    1- Demotivated
    2- Demoralized
    3-  That carry the lessening in output productivity will be lost…..
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