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Question

_____________ is the process of negotiation between employers and the representatives of a unit of employees aimed at reaching agreements that regulate working conditions.

A
Participation management
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B
Collective bargaining
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C
Code of conduct
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D
None of these
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Solution

The correct option is B Collective bargaining

Collective bargaining is the process of negotiating the terms of employment between an employer and a group of workers, such as pay and working conditions. The process takes place between company management and a labor union. The basic objective of collective bargaining is to arrive at an agreement between the management and the employees determining mutually beneficial terms and conditions of employment.


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