Financial implications of strike for retirement plan: A review of the literature
Literature Review from the year 2011 in the subject Business economics - Investment and Finance, grade: A, The ESC Rennes School of Business (-), course: MSc in Finance, language: English, abstract: At the macro and micro economic level, strike always has an impact on total sales, profits, and market share of individual company where the strike is being carried out by group of employees or trade unions. But not only did the strikes have negative impact on companies financial status, but the total output, sales, consumer spending, price level, trade deficit, and employment were all affected. Most of the economic activities depend on day to day running of business enterprises and movement of people. If these business enterprises and movement of people are being affected, this has a serious implication on overall growth of the country including the GDP growth.
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