{"id":2775,"date":"2023-02-19T16:10:47","date_gmt":"2023-02-19T16:10:47","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-1-3-who-in-involved-in-a-business\/"},"modified":"2023-09-14T18:32:08","modified_gmt":"2023-09-14T18:32:08","slug":"apply-it-1-3-who-in-involved-in-a-business","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-1-3-who-in-involved-in-a-business\/","title":{"raw":"Apply It 1.3: Who Is Involved in a Business?","rendered":"Apply It 1.3: Who Is Involved in a Business?"},"content":{"raw":"<section class=\"textbox learningGoals\">\r\n<ul>\r\n \t<li>Recognize the main functional areas within a business<\/li>\r\n \t<li>Identify the people and activities within each functional area of a business<\/li>\r\n \t<li>Understand the difference between an internal and external stakeholder<\/li>\r\n \t<li>Describe stakeholders' relationship with business organizations<\/li>\r\n<\/ul>\r\n<\/section><section class=\"textbox tryIt\">In this video, see if you can recognize workers from different functional areas and stakeholders with different interests. Then answer the questions that follow.<iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/TBGwcCZK6Ok\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe>\r\n<p class=\"p1\">You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/WhyStarbucksWorkersFoughttoUnionize_transcrip.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201c<\/span>Why Starbucks Workers Fought to Unionize<span class=\"s1\">\u201d here (opens in new window).<\/span><\/a><\/p>\r\n[ohm2_question height=\"800\" hide_question_numbers=1]3037-3038[\/ohm2_question]\r\n\r\n<\/section><section class=\"textbox linkToLearning\">Many service workers experience stressful working conditions. Labor shortages add to the stress because fewer workers are available to handle the same amount of work. Large corporate businesses such as Starbucks and Amazon have experienced efforts by workers to unionize, or organize themselves into a united group. If workers successfully unionize, the labor union then negotiates with the employer through a process called collective bargaining. The goal of the union is to negotiate better pay, benefits, and other working conditions than each worker would be able to achieve by negotiating individually. Management often opposes efforts to unionize because it adds to the cost of doing business. What are some reasons that management should NOT automatically oppose unionizing?\r\n[reveal-answer q=\"467236\"]Show Sample Answer[\/reveal-answer]\r\n[hidden-answer a=\"467236\"]Answers to this question will vary. Some might argue that a union's ability to negotiate higher wages and better working conditions will lead to better employee morale and lower turnover because workers are more likely to stay at their jobs. This reduces the cost of finding, hiring, and training new employees.[\/hidden-answer]\u00a0<a href=\"https:\/\/time.com\/6168898\/why-companies-fight-unions\/\" target=\"_blank\" rel=\"noopener\">Click here to read more about why American companies tend to oppose unions and what the evidence really says about whether management fears are true<\/a>.<\/section>","rendered":"<section class=\"textbox learningGoals\">\n<ul>\n<li>Recognize the main functional areas within a business<\/li>\n<li>Identify the people and activities within each functional area of a business<\/li>\n<li>Understand the difference between an internal and external stakeholder<\/li>\n<li>Describe stakeholders&#8217; relationship with business organizations<\/li>\n<\/ul>\n<\/section>\n<section class=\"textbox tryIt\">In this video, see if you can recognize workers from different functional areas and stakeholders with different interests. Then answer the questions that follow.<iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/TBGwcCZK6Ok\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p class=\"p1\">You can view the <a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/WhyStarbucksWorkersFoughttoUnionize_transcrip.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201c<\/span>Why Starbucks Workers Fought to Unionize<span class=\"s1\">\u201d here (opens in new window).<\/span><\/a><\/p>\n<p><iframe loading=\"lazy\" id=\"ohm3037\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=3037-3038&theme=lumen&iframe_resize_id=ohm3037&source=tnh\" width=\"100%\" height=\"800\"><\/iframe><\/p>\n<\/section>\n<section class=\"textbox linkToLearning\">Many service workers experience stressful working conditions. Labor shortages add to the stress because fewer workers are available to handle the same amount of work. Large corporate businesses such as Starbucks and Amazon have experienced efforts by workers to unionize, or organize themselves into a united group. If workers successfully unionize, the labor union then negotiates with the employer through a process called collective bargaining. The goal of the union is to negotiate better pay, benefits, and other working conditions than each worker would be able to achieve by negotiating individually. Management often opposes efforts to unionize because it adds to the cost of doing business. What are some reasons that management should NOT automatically oppose unionizing?<\/p>\n<div class=\"qa-wrapper\" style=\"display: block\"><button class=\"show-answer show-answer-button collapsed\" data-target=\"q467236\">Show Sample Answer<\/button><\/p>\n<div id=\"q467236\" class=\"hidden-answer\" style=\"display: none\">Answers to this question will vary. Some might argue that a union&#8217;s ability to negotiate higher wages and better working conditions will lead to better employee morale and lower turnover because workers are more likely to stay at their jobs. This reduces the cost of finding, hiring, and training new employees.<\/div>\n<\/div>\n<p>\u00a0<a href=\"https:\/\/time.com\/6168898\/why-companies-fight-unions\/\" target=\"_blank\" rel=\"noopener\">Click here to read more about why American companies tend to oppose unions and what the evidence really says about whether management fears are true<\/a>.<\/section>\n","protected":false},"author":21,"menu_order":22,"template":"","meta":{"_candela_citation":"[{\"type\":\"copyrighted_video\",\"description\":\"Why Starbucks Workers Fought to Unionize\",\"author\":\"Bloomberg Originals\",\"organization\":\"\",\"url\":\"https:\/\/www.youtube.com\/watch?v=TBGwcCZK6Ok\",\"project\":\"\",\"license\":\"arr\",\"license_terms\":\"Standard YouTube License\"}]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"part":2754,"module-header":"apply_it","content_attributions":[{"type":"copyrighted_video","description":"Why Starbucks Workers Fought to Unionize","author":"Bloomberg Originals","organization":"","url":"https:\/\/www.youtube.com\/watch?v=TBGwcCZK6Ok","project":"","license":"arr","license_terms":"Standard YouTube License"}],"internal_book_links":[],"video_content":null,"cc_video_embed_content":{"cc_scripts":"","media_targets":[]},"try_it_collection":null,"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/2775"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/users\/21"}],"version-history":[{"count":17,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/2775\/revisions"}],"predecessor-version":[{"id":8527,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/2775\/revisions\/8527"}],"part":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/parts\/2754"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/2775\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/media?parent=2775"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapter-type?post=2775"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/contributor?post=2775"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/license?post=2775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}