Provide a brief write-up about capitalists vis-à-vis workers. Explain how shareholder value decreases following unionization. Briefly discuss the areas of difference between companies with an explicit union avoidance policy and those without. Explain de-certifications, their implications, and their influence. Describe the characteristics of a competitive industry. List some of the steps that a firm can take to increase profitability. How do unions demonstrate their effectiveness? What is the reason for a decline in pattern bargaining?
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