Unit outcomes addressed in this Assignment: ï‚· Discuss what effect the Wagner and the Taft- Hartley Acts had on labor management relations ï‚· Describe the union organizing process ï‚· Identify the steps in the collective bargaining process Course outcome assessed/addressed in this Assignment: ï‚· HA530-5: Assess collaboration strategies involving employee and labor relations. Instructions View the video Understanding Labor Relations and Collective Bargaining below. In this video, At the time of this interview on œCEO Exchange, Don Carty was CEO of American Airlines. In this clip he expresses the frustration that many executives in a union environment face, labor costs. This video was prior to Carty’s being fired from his position at American Airlines for announcing executive retention bonuses within hours of convincing union members to wage and benefit concessions in order to save the airline from bankruptcy. Carty currently serves as CEO of Dell, Inc. ï‚· Requirements ï‚· Please be sure to include the answers to the following questions. The minimum words for the Assignment is 800 words. o If Mr. Carty’s comments on labor costs being part of a cost structure that is higher than revenue are part of American Airlines positioning before contract negotiations, what other preparations is the company probably taking prior to the negotiation process?