BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Industrialist
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Employer
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Trade Unionist
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Participant
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Detailed explanation-1: -As Guardian of Industrial Peace. As Regulator of Industrial Actions. As Trouble-shooter in Resolving High-stake Industrial Disputes. As “Arbitrator” or “Referee” for Unfair Termination/Dismissal Appeals and Disputes on Non-re-employment.
Detailed explanation-2: -The main participants in industrial relations are: (i) Employers. (ii) Employees/workers. (iii) Government. Employers have their associations to deal with labour problems and their unions in a collective way.
Detailed explanation-3: -The important functions of industrial relations are: To establish communication between workers and management to maintain the sound relationship between the two. To establish support between managers and employees. To ensure the creative contribution of trade unions to avoid industrial conflicts.
Detailed explanation-4: -Traditionally, industrial relations was the concern of three principal actors: workers and their unions, managers/employers, and the government.