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Management and Labor in Workplace
In the twentieth century, the world economy grew faster and changes a lot more than before, especially after World War II. The economic growing and changing of United States brought world economy to another stage. In fact, these changes made a huge difference in employers and employees relations. The relationship between labor and management would be a big focus point for the world, and productivity, too. Most industry is related to the economical and social environment. In twenty-first century, the world economy is going down. If we want to have stronger economy again, we have to deal with management practices and see if those practice fit to the society or not. Social and Economic changes always influence management practice on the relationships between employers and employees and on productivity.
The economic environment from the early twenty century and now have a lot of differences, so the management practices in early twenty century and now are also different. In early twenty century, after world war II , the industry was growing fast and new products, new industry were building by what people need. World War II almost destroyed the world economy, except the weapons industry. People tried to rebuild the industry and economy from the damage of the war. Capitalism and communism were both used in this world. Capitalism was used in the United States, Japan and Western Europe. On the other hand communism was used in Russia, China, and Eastern Europe. They have totally different business management practices. In the United States, Western Euro ...