Question

In: Operations Management

What role does management play in the “basic bargain”?

What role does management play in the “basic bargain”?

Solutions

Expert Solution

Management has variety of work to perform and management nworking for several negotiation and dealing regarding business and creating brand image. Management is all about managing things and planning every resources.

These are the following role management play in the basic bargain -

1) Employees hiring and wages negotiation

2) Designing role and responsibilities of new employees

3) Employees promotion

4) Vendors finalization

5) All about minimization of cost and utilization of resources


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