BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rise in inflation
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Discrimination
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Rise in taxes
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Business going liquidation
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Detailed explanation-1: -Perhaps the main cause or source of poor industrial relations resulting in inefficiency and labour unrest is mental laziness on the part of both management and labour.
Detailed explanation-2: -Poor wages and poor working conditions are the main causes of poor industrial relations. Lack of fringe benefits, absence of promotional opportunities, faulty incentive schemes, dissatisfaction with job evaluation and performance appraisal methods are other economic causes of poor industrial relations.
Detailed explanation-3: -Legal and Political Environment The legal framework and political circumstances influence the organization and its industrial relations. It contributes to the framing of rules, rights, authority, powers, roles and responsibilities of all the parties of the organization.