Bargaining and Negotiation Quiz

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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?

Dictates the terms of future relationships between the parties (A) Signup and view all the answers

What are the main purposes of collective bargaining?

Determining labor prices, setting employment rules, and complementing management (D) Signup and view all the answers

What is the definition of bargaining?

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

What is collective bargaining essentially oriented towards?

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

What are the three main purposes of collective bargaining?

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

Who are the parties involved in industrial relations bargaining?

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