Part2
A. Read the Striking for Benefits case and answer questions 11-17,11-18,11-19.
B. Watch the video and answer the following related questions:
Video: https://www.youtube.com/watch?v=TmLLyKIukSI
1. In a recent year, in accordance with a collective bargaining agreement (union contract)Ford Motor Company paid 56,000 workers an average of $9,000 each in profit sharing. According to its CEO, Thrive Farmers Coffee also has a profit-sharing plan that has been successful. What do the two have in common? Differences?
2. By what measure has the Thrive plan been successful?
3. In the 1950s, Ford, GM, Chrysler CEOs called the UAW idea of employee profit-sharing socialism and rejected it. Do YOU think profit sharing is socialistic? Why or why not?