BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -When workers collectively cease to work in a particular industry, they are said to be on strike. Strike action, also called labour strike, on strike, greve (of French: grève), or simply strike, is a work stoppage caused by the mass refusal of employees to work.

Detailed explanation-2: -A strike is a temporary stoppage of work by a group of workers (not necessarily union members) to express a grievance or enforce a demand. A strike is initiated by the workers of an establishment.

Detailed explanation-3: -strike-where workers refuse to work for the employer. action short of a strike-where workers take action such as working to rule, go slows, overtime bans or callout bans. lock-out-a work stoppage where the employer stops workers from working.

Detailed explanation-4: -Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

Detailed explanation-5: -The purpose of a strike is to compel an employer to agree to terms and conditions of employment, whereas a lockout is intended to exert similar pressure on the employees and the union. The practical result of each, in terms of the impact on the employer’s business, is virtually identical.