ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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trade union
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corporate union
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employee consortium
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human resource department
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Detailed explanation-1: -A labor union is a group of two or more employees who join together to advance common interests such as wages, benefits, schedules and other employment terms and conditions.
Detailed explanation-2: -This is known as ‘collective bargaining’. For collective bargaining to work, unions and employers need to agree on how the arrangement is to operate.
Detailed explanation-3: -industrial union, trade union that combines all workers, both skilled and unskilled, who are employed in a particular industry.
Detailed explanation-4: -It safeguards the financial interests of the workers and guarantees fair wage rates and wage schedules for them. In addition to receiving higher pay, unions assist their members in obtaining certain benefits.