Frito lay experienced a 20% drop in its sales. even though the demand for its product decreased, frito lay did not cut the wag

Question

Trava [24]

3 years ago

13

Frito lay experienced a 20% drop in its sales. even though the demand for its product decreased, frito lay did not cut the wag

es of its nonunionized workers. this is an example of

Business

1 answer:

Anarel [89] · Answer 1 · 2022-01-12T17:21:07+03:00

This is an example of ''An implicit or social contract not to cut wages''

What this means is that if the company wanted, it could have freely cut the wages of their workers.

However, there is an 'unwritten contract' or a gesture of the company towards it's workers, which helps to develop trust and improve morale

Frito lay experienced a​ 20% drop in its sales. even though the demand for its product​ decreased, frito lay did not cut the wag

Frito lay experienced a 20% drop in its sales. even though the demand for its product decreased, frito lay did not cut the wag