MGMT402 U4 IP Labor Laws Research Paper Example | Topics and Well Written Essays - 1000 words

MGMT402 U4 IP Labor Laws - Research Paper Example This was a law formulated and passed in 1926 but later amended in 1936 that provides a legal framework for resolution of disputes through conflict resolution, mediation and bargaining instead of striking for the workers of railway and airlines. It also further extends to issues such as representation of employees and administration of contracts in places where the employees have representation by labor union (Twomey, 2012). The act has definitely improved the losses the railway and airlines organizations incur when the workers go on strike in protesting their work conditions or any other aspect of the work ethics and organizational culture. The mediation curbs the strike and ensures workers continue with their normal duties as negotiations and mediation continues. The relationship between the union and management has improved because of the National Mediation Board that is part of the labor law and which tries to maintain civility between the two parties for the sake of the workers. In short, the union puts its demands and the management retaliates by negotiating the terms and finally coming up with an agreement but in the end the workers benefit. This was an act passed in 1932 that ensured removal of legal barriers against the trade unions. The act other than barring the federal courts from issuing injunctions on unions following labor disputes, it also ensured that employers did not interfere with the rights of their workers to join trade unions. Prior to the act being enforced, employees upon employment were forced to sign contracts (yellow-dog contracts) that prohibited them from joining labor unions but this was prohibited by the courts (Cihon and Castagnera, 2013). The relationship between the union and management was sour as the management saw the union as an obstacle while the union viewed the management as out to

Fin 352 Essay Example | Topics and Well Written Essays - 500 words

Fin 352 - Essay Example Securitization is the pooling of various contractual debt types like commercial and residential mortgages and selling them in consolidation to various investors as pass-through securities, bonds or as collateralized mortgage obligation. Receivables are taken â€Å"off balance sheet† then replaced with equivalents in cash. This improves an originator’s balance sheet, securitization can thus enhance the managerial control over structure and size of a company’s balance sheet. Financial leverage refers to the techniques used to multiply either gains or losses. Many times it involves buying a lot of assets using borrowed funds in anticipation that the appreciation will be higher than the borrowing cost. In futures markets, leverage is having control over huge cash amounts for commodities that have comparatively small capital levels. In futures markets, price leveraging is common resulting in small changes in futures prices translating into huge gains or