BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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injunction
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strike
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lockout
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embargo
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Detailed explanation-1: -A strike is a work stoppage caused by the players refusing to play. When the owners refuse to hold games, the work stoppage is more properly called a lockout, although in common parlance, it is also referred to as a strike.
Detailed explanation-2: -2021-22 MLB lockout: Canceled the first two series of the regular season (so far), plus all of spring training. The lockout began when the CBA expired in the offseason and a deal has not yet been reached.
Detailed explanation-3: -MLB commissioner Rob Manfred implemented the lockout as a means of creating leverage during negotiations with the players’ union. The move completely froze the offseason, meaning any unsigned players were forbidden from signing major-league contracts with teams.
Detailed explanation-4: -Commissioner Rob Manfred announced that the league had enacted a lockout, which brought the sport to a halt. Teams are not allowed to talk to players, make major-league signings or swing trades. This is the ninth work stoppage in M.L.B. history, and the fourth lockout.
Detailed explanation-5: -Lockout. an employer-initiated rather than worker-initated work stoppage during a bargaining impasse.-in a lockout, an employer tells the workers not to return until they agree to the employer’s terms.