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Explain the greatest challenge facing private sector unions. Analyze how they can overcome the challenge

Explain the greatest challenge facing private sector unions.

Analyze how they can overcome the challenge

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Answer #1

Callenges faced by private sector unions :-

  1. Too many duties imposed by the government.
  2. No proper diversification
  3. Impowering small sector enterprises
  4. Lack of finance
  5. Low rate of profits

They can overcome these challenges by framing and regulating different rules and regulations in the organisation.

They can work on social benefits and causes which will attract government to subsidize them in certain way.

They can provide goods in low price to create market.

They can gather finance from various banks and departments so the whole economy could grow.

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