Asked by kumar prakash on Sep 29, 2024

Which of the following is characteristics of the sociopolitical environment of labor relations?

A) Inflation rates.
B) Business and labor lobbying.
C) Common law.
D) Corporate codes of conduct.

Sociopolitical Environment

The combination of social and political factors within a region or country that impacts the functioning and governance of organizations and societies.

Labor Lobbying

The practice of representing and advocating for the interests of workers and labor unions in political, legislative, and regulatory matters.

Corporate Codes

Are ethics or conduct guidelines developed by companies to outline expected behaviors and responsibilities of their employees, often focusing on professionalism, integrity, and social responsibility.

  • Assess the impact of the economic and sociopolitical environments on labor relations including the role of financialization.