Description: This past Friday workers at an Amazon warehouse in New York voted in favour of a union, a first for Amazon workers in the United States. The Amazon Labour Union (ALU) garnered roughly 55% of the votes cast. The victory comes on the heels of an unsuccessful bid to unionize another Amazon facility in Bessemer, Alabama. Amazon’s website indicated that the huge company was “disappointed with the outcome of the election in Staten Island because we believe having a direct relationship with the company is best for our employees.”
Date: April 1, 2022
1) Have you ever been a member of a union? What were some of the strengths and weaknesses you encountered?
2) Would you consider a career as an accountant or financial officer for a union? What do you think some of the challenges would be compared to a job inside a company?
3) On page 9-26 in Wiley’s Financial Accounting: Tools for Business Decision-Making we learn about the intangible asset known as a trademark (or trade name). What interesting fact do you read there about Amazon?