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Question 23 (6 marks) a) Outline ONE cause of industrial conflict - HSC - SSCE Business Studies - Question 23 - 2011 - Paper 1
Question 23
Question 23 (6 marks) a) Outline ONE cause of industrial conflict. ....................................................................................... .......... show full transcript
Worked Solution & Example Answer:Question 23 (6 marks) a) Outline ONE cause of industrial conflict - HSC - SSCE Business Studies - Question 23 - 2011 - Paper 1
Step 1
Outline ONE cause of industrial conflict.
Answer
One significant cause of industrial conflict is disagreements over wages. Employees may feel that their compensation does not reflect the cost of living or the value of their work, leading to dissatisfaction and eventual disputes with management.
Step 2
Explain ONE financial cost and ONE financial benefit of industrial conflict.
Answer
A financial cost of industrial conflict is lost productivity. When employees go on strike or there are disruptions in the workplace, output decreases, leading to revenue loss for the company. On the other hand, a financial benefit could be the potential for higher wages or better working conditions that employees negotiate as a result of conflict. This can lead to increased morale and productivity in the long term, benefiting the company.