industrial action

(noun)

In a workplace, a strike or other protest by workers.

Related Terms

Examples of industrial action in the following topics:

  • Boycotts

    • Union boycotts are a form of industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise.
    • Union boycotts, or secondary action, is industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise .
    • The term "secondary action" is intended to be distinct from a trade dispute with a worker's direct employer, and so may be used to refer to a dispute with the employer's parent company, its suppliers, financiers, contracting parties, or any other employer in another industry.
    • Secondary action is illegal in the United States.
    • Also known as secondary action, is industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise.

  • Trade Associations

    • A trade association is an organization founded and funded by businesses that operate in a specific industry.
    • The American Medical Association sets rules in the medical industry regarding ethics, disciplinary action, and accreditation.
    • A trade association, also known as an industry trade group, business association, or sector association, is an organization founded and funded by businesses that operate in a specific industry .
    • Industry trade groups sometimes produce advertisements, just as normal corporations do.
    • However, whereas typical advertisements are for a specific product, industry trade groups advertisements generally are targeted to promote the views of an entire industry.

  • Porter’s 5 forces and the analysis of competitors

    • Retaliation may take many forms from political actions designed to delay or prevent the new business from opening to deep price cuts intended to force the new business out of the market.
    • The intensity of the rivalry amongst the firms in a given industry will have an effect on the profits of all firms within that industry.
    • These competitive actions can drive all profits out of the industry.
    • When industry growth slows, competition typically heats up.
    • Again, the competitive actions taken by firms to attract this pool of buyers will drive profits out of the industry.

  • Summary and references

    • Competitive intelligence is the systematic collection and analysis of publicly available information about an industry and its competitors.
    • Competitive intelligence permits the firm to: (1) understand the industry's structure and its potential impact on the firm's performance, and (2) industry competitors' relative position in the marketplace.
    • The judicious use of competitive intelligence allows the firm to anticipate competitors' actions and act to minimize the impact of those actions.
    • "Measuring competitive intelligence effectiveness: Insights from the advertising industry".

  • Institutions and Costs

    • Patents, copyrights, regulations of communication industries (radio, television, newspapers, internet and the like) determine the behavior of the agents and firms in those industries.
    • George Stigler (1911-1991) described a "capture theory of regulation. " (Stigler, 1971, Published first in 1962 with Claire Friedland) He argues that when an industry is regulated, it is in the interests of that industry to capture the regulatory agency and influence its policies.
    • The communication industries have a greater incentive to influence the policies of the Federal Communications Commission (FCC) than the average person.
    • Recent actions by the FCC have allowed greater concentration of news media.
    • The insurance, pharmaceutical, hospital and medical industries have more interest in the social institutions that influence the delivery of health care than individuals.

  • Few Sellers

    • In an oligopoly market structure, a few large firms dominate the market, and each firm recognizes that every time it takes an action it will provoke a response among the other firms.
    • These actions, in turn, will affect the original firm.
    • Each firm, therefore, recognizes that it is interdependent with the other firms in the industry.
    • Most industries exhibit different types of returns to scale in different ranges of output.
    • Take the example of the cell phone industry in the United States.

  • Applicable Legislation

    • Examples of product liability in action: Two Maryland men decided to dry their hot air balloon in a commercial laundry dryer.
    • Government/industry relationships: Agriculture, railroads, shipbuilding, and other industries are subsidized by the government.
    • Deregulating the utilities industry had a tremendous negative effect on the Californian power industry in 2001.
    • There was an unhealthy tension and costs rose, industries sought price increases, and regulators resisted, often depressing industry profits.
    • A market place shock wave hit these industries as they were deregulated.

  • Industrial Recovery

    • It was one of the most prominent and controversial New Deal laws focused on boosting the industry.
    • Title I of the Act was devoted to industrial recovery.
    • Johnson, whom Roosevelt made responsible for industrial recovery.
    • The agency now promoted  industrial cooperation and produced economic studies.
    • Te NLRA enabled private sector workers to organize into trade unions, engage in collective bargaining to negotiate the terms and conditions of their employment without being marginalized or coerced, and take collective action if necessary.

  • Banking Crises and Centralized Reserve Enforcements

    • Generally, the Federal Reserve takes formal enforcement actions against the above entities for violations of laws, rules, or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of final orders.
    • Formal enforcement actions include cease and desist orders, written agreements, removal and prohibition orders, and orders assessing civil money penalties.
    • If necessary, the Federal Reserve may take formal enforcement actions to compel the management and directors of a troubled banking organization, or persons associated with it, to address the organization's problems.
    • The Federal Reserve may also assess a fine, remove an officer or director from office and permanently bar him or her from the banking industry, or both.
    • Discuss the Federal Reserve's powers for enforcing actions due to violations

  • Urban Neighborhoods

    • While neighborhoods have expanded with industrialization and the development of even larger urban areas, neighborhoods have always existed.
    • Archaeologists have demonstrated through excavations that pre-industrial urban areas contained neighborhoods.
    • As is still commonly the case, neighborhoods in pre-industrial cities often had some degree of social specialization or differentiation.
    • Neighborhood action tends to quickly produce visible results, particularly when compared to larger social units.
    • Because neighborhood action involves frequent interaction with others, such actions create stronger social ties among those inhabiting the area.