BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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 legal framework within which Industrial Relations must function is determined by the government and/or its agencies, possibly in consultation with other role-players in the industrial relations processes. These includes things such as trade union representatives, employers and select employees.
Detailed explanation-3: -The Article 43A reads as follows: “The state shall take steps, by suitable legislation or in any other way, to secure the participation of workers in the management of undertakings, establishments or other organisations engaged in any industry.”