BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INDUSTRIAL RELATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The functions of the Internal Partnership are:
A
Manage and support the activities of the Labor Union
B
Managing the IR Committee Managing the company’s internal institutions (cooperatives, DKM, etc.)
C
Establish relationships with labor unions, work leaders to better understand and support company policies.
D
All True
Explanation: 

Detailed explanation-1: -Internal Strategic Partnering is not project specific, but rather is a partnering effort developed between two (or more) departments within an organization that need to work together in order to accomplish a successful program of projects.

Detailed explanation-2: -Answer and Explanation: The correct answer is C. A partnership firm’s life is restricted to the life of the partners. Eventually, when all the partners die, the partnership firm comes to an end as there is nobody left to look after the business.

Detailed explanation-3: -A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities. In a general partnership company, all members share both profits and liabilities. Professionals like doctors and lawyers often form a limited liability partnership.

There is 1 question to complete.