What is the reserved rights theory

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Reference no: EM132131984

1. While Bayer has a matrix structure, it has maintained some flavour of a geographic area structure. What are the advantages and disadvantages of the geographic area structure?

2. What is the purpose of a management rights clause and what is the “reserved rights theory”?

3. Please define these important following terms as they relate to job security and seniority: human capital theory, Implicit Contract Theory, Internal Labor Market Theory, Industrial Jurisprudence and Outsourcing.

Reference no: EM132131984

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