What is the relationship between labor and business?

Expert Answers info

Murl Larson eNotes educator | Certified Educator

calendarEducator since 2016

write1,597 answers

starTop subjects are History, Literature, and Social Sciences

Both business and labor need each other. Business provides people the means to make money. It provides the machinery, merchandise, and space needed in order to sell or produce a good for people to consume.

Labor provides the human capital for business. People are needed in order to provide the physical and/or mental labor needed in order to produce a good.

Businesses try to get as much work out of their labor force as possible in order to ensure the highest efficiency. This keeps overhead down and ensures that the business will be competitive. Labor tries to get the most out of each hour worked or good produced in order to provide the best life for the workers. In many circumstances labor organizes into unions in order to create better bargaining power. Businesses can also turn to automation in order to use less labor though even businesses that rely heavily on automation still require a labor force.

The best relationship between business and labor is an efficient business that values its...

(The entire section contains 4 answers and 650 words.)

Unlock This Answer Now


check Approved by eNotes Editorial

Hannah Love, M.A. eNotes educator | Certified Educator

briefcaseTeacher (K-12)

bookB.A. from University of North Carolina at Chapel Hill

bookM.A. from American University


calendarEducator since 2019

write95 answers

starTop subjects are Literature, History, and Business

check Approved by eNotes Editorial

Alfred Thiel eNotes educator | Certified Educator

calendarEducator since 2018

write302 answers

starTop subjects are Business, Literature, and History

check Approved by eNotes Editorial

Michael Koren eNotes educator | Certified Educator

calendarEducator since 2015

write2,982 answers

starTop subjects are History, Law and Politics, and Social Sciences

check Approved by eNotes Editorial