BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Detailed explanation-1: -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-2: -The phrase ‘Collective Bargaining’ is coined by famous authors Sydney and Beatrice Webb in their celebrated treatise on ‘History of Trade Unions’.
Detailed explanation-3: -Collective bargaining agreement Pursuant to the negotiations between the parties, a collective bargaining agreement will be executed between the employer and workmen represented by trade unions, setting out the terms of employment and the working conditions of labour.
Detailed explanation-4: -The first collective agreement was made by Dunlop Rubber Company in West Bengal in 1947, then came the Bata Shoe Company in West Bengal and in 1951, the Indian Aluminium Company made its five year agreement with employees union in Belur.