ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Involves closing the business for a short time, preventing employees from working and being paid.
A
Strike
B
Lock-out
C
Work-to-rule
D
Go slow/slow down
Explanation: 

Detailed explanation-1: -A lockout is a work stoppage in which an employer prevents employees from working. It is declared by employers to put pressure on their workers. This is different from a strike, in which employees refuse to work.

Detailed explanation-2: -A lockout occurs when the employer closes a place of employment or suspends the work to be done by the employees in the bargaining unit. The objective of a lockout is to put pressure on the employees and their union in collective bargaining.

Detailed explanation-3: -1) A strike is when employees in a certain industry stop working to compel them to satisfy certain demands. 1) A lockout occurs when an employer closes the workplace temporarily, suspends operations, or terminates the employment of a group of people who were previously employed.

Detailed explanation-4: -A lockout is a work stoppage or denial of employment initiated by the management of a company during a labour dispute. In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.

There is 1 question to complete.