- Words: 3173
- Length: 10 Pages
- Topic: Economics
- Paper #: 99131376
Labor is a commodity that needs to be purchased for business activity. In the uncivilized world of the past labor could be exploited to the extreme, but in modern times trade union movement, increased public consciousness, health, safety and environmental regulations and labor regulations have meant that the near slavery condition of the past are totally unacceptable.
Nevertheless, labor remains a commodity requiring efficient, humane and cost effective management to