The impact of strikes and lockouts on business activities can be substantial. Since your manufacturing company is planning to expand its operations in the Asian markets, you have to identify the countries where strikes and lock-outs could introduce interruptions to your operations. Using labor statistics from the International Labour Organization (ILO) to develop your report identify the three Asian countries with the highest number of strikes and lockouts, as well as the total number of lost worker days. What types of precautions can your company take to prevent interruptions from occurring in these markets?

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When unions and employers are incapable of reaching agreements through the process of bargaining there are several options present The two most often used are strikes or lockouts and mediation Speakin... View the full answer