Asked by Doris Mansueto on May 26, 2024
Verified
Statement I.The ultimate collective bargaining weapon of an employer is the ability to take a strike.
Statement II.Nearly 25% of all collective bargaining negotiations end up as strikes or lockouts.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Collective Bargaining
The process whereby labor unions and employers negotiate wages, hours, and working conditions on behalf of the employees.
Strikes
Work stoppages initiated by employees as a form of protest, typically to demand better working conditions, wages, or benefits from their employer.
Lockouts
A situation in labor relations where an employer prevents employees from entering the workplace, usually during a dispute.
- Elucidate on the constituents and the methodology of collective bargaining.
Verified Answer
Learning Objectives
- Elucidate on the constituents and the methodology of collective bargaining.
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