BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INDUSTRIAL RELATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Functions and Roles of IR include:
A
Top Management
B
Employee
C
Union
D
All True
Explanation: 

Detailed explanation-1: -Investor Relations (IR) combines finance, communication, and marketing to effectively control the flow of information between a public company, its investors, and its stakeholders. Investors play a major and vital role in the success and growth of a company.

Detailed explanation-2: -Industrial Relations – Importance of IR The objective is to change the traditional views of management and labour towards each other and develop mutual understanding and co-operation and work towards achievement of common goal. Good industrial relations lead to industrial peace and increase in production. 2.

Detailed explanation-3: -Parties that are not involved in industrial relations are customers. Industrial relations is concerned with the employer and the employee with their respective organization, at work or arising out of the working situation.

Detailed explanation-4: -Industrial relations has three faces: science building, problem solving, and ethical. In the science building phase, industrial relations is part of the social sciences, and it seeks to understand the employment relationship and its institutions through high-quality, rigorous research.

There is 1 question to complete.