Business

AT&T Case Study Supplier Power:      There are many suppliers in the market, so companies are not dependent on one big provider like AT&T. This variety of different companies allows companies to have more options and the ability to bargain, allowing them to keep supply costs down. Threat of New Entrants:      New companies can enter the market more easily now because the government has relaxed regulations. Therefore, it's much easier for smaller companies to join the market, which could lead to more competition and pressure on existing companies. Competitive Rivalry (Existing Competitors):      Many well-known companies, like Sprint, MCI, and WorldCom, are already competing in this market. These companies are competing on price and the types of services they offer, so it's tough for any one company to dominate. Buyer Power:      Customers have more choices now, and the government has strengthened consumer rights. Becaus...

        Present-day U.S. Labor Relations Laws: National Labor Relations Act (NLRA): Gives workers the right to join unions, bargain with employers, and strike. The National Labor Relations Board (NLRB) enforces these rights and resolves disputes. Fair Labor Standards Act (FLSA): Sets rules for minimum wage, overtime pay, and working hours. It protects both full-time and part-time workers in most jobs Occupational Safety and Health Act (OSHA): Ensures that workplaces are safe by setting safety standards that employers must follow. Equal Employment Opportunity Laws: Protect workers from discrimination based on race, gender, religion, disability, etc., and ensure equal treatment in hiring, pay, and promotions. Family and Medical Leave Act (FMLA): Allows employees to take unpaid leave for medical or family reasons (like having a baby or caring for a sick family member) without losing their job.