Bargaining and Negotiation Quiz
10 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main purpose of collective bargaining?

  • Determining labor prices, setting employment rules, and complementing management (correct)
  • Establishing wages and conditions of employment
  • Controlling the supply of labor to increase wages
  • Direct involvement in transactions without third-party intervention
  • Who are the parties involved in industrial relations bargaining?

  • Management, trade union, and employees
  • Buyer of labor, seller of labor, and trade union (correct)
  • Buyer of labor, government, and seller of labor
  • Government, trade union, and management
  • What does collective bargaining focus on in terms of wage determination?

  • Rule-making and establishing wages
  • Setting employment rules and conditions
  • Wage determination and controlling the supply of labor (correct)
  • Direct involvement in transactions without third-party intervention
  • What is the outcome of the bargaining process in industrial relations?

    <p>Dictates the terms of future relationships between the parties</p> Signup and view all the answers

    What are the main purposes of collective bargaining?

    <p>Determining labor prices, setting employment rules, and complementing management</p> Signup and view all the answers

    What is the definition of bargaining?

    <p>Bargaining is the process of reaching an agreement establishing what each party will give, receive, or perform in a transaction.</p> Signup and view all the answers

    What is collective bargaining essentially oriented towards?

    <p>Collective bargaining is essentially collectively oriented, direct, without third-party involvement, and sets the ground rules for employee-management relationships.</p> Signup and view all the answers

    What are the three main purposes of collective bargaining?

    <p>Collective bargaining serves three main purposes: determining labor prices, setting employment rules and conditions, and complementing management in employment decisions.</p> Signup and view all the answers

    Who are the parties involved in industrial relations bargaining?

    <p>In industrial relations bargaining, the parties involved are the buyer of labor or management and the seller of labor or trade union.</p> Signup and view all the answers

    What role do trade unions play in wage determination?

    <p>Trade unions control the supply of labor to increase wages, focusing on wage determination.</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser