In the case of Phillips Cable Ltd., in Brockville, Ontario, 350 workers lost their jobs when the plant was closed. This occurred despite drastic worker concessions in 1991 that were supposed to be "the miracle cure to keep the operations afloat." Brian McDougall, president of Local 510 of the Communications Energy and Paperworkers Union of Canada, said that everyone was devastated, in shock and disbelief. Answer the following questions: (i) What would you recommend to union workers whose employer is threatening to close down unless they agree to wage or other concessions? (ii) Is there some alternative to cutting wages or closing down? What is it? (iii) Union workers often feel that the company is bluffing when it threatens to close. How can such doubts be settled so that more open negotiations can take place? (iv) Laws have been passed that require plants with more than a certain number of employees to give up to six months' notice of intention to close. Do you think that such legislation helps businesses to show employees that they are serious about closing a plant and thus get concessions from labour? Are such tactics ethical? Do these laws have any effect on investment decisions