BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Industrial Relations in India are the outcome of principles and policies evolved through tripartite consultative work at national level with basic objective of bringing the concerned groups on the negotiating table for mutual settlement of differences in a spirit of cooperation and goodwill.

Detailed explanation-2: -The best way of resolving disputes is by means of collective bargaining which symbolises plurality of workmen working in the industry. If collective bargaining fails, then other mechanisms of settlement involve conciliation, arbitration and voluntary arbitration.

Detailed explanation-3: -Industrial disputes can be classified into four major types, known as interest disputes, grievance disputes, unfair labour practices disputes and recognition disputes.

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.