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Question

Which of the following approaches assumes that the understanding of industrial relations requires an understanding of the capitalized society _________________.

A
Marxist approach
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B
Gandhian approach
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C
Human relations approach
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D
Giri approach
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Solution

The correct option is A Marxist approach
Marxist approach assumes that the understanding of industrial relations requires an understanding of the capitalized society. Marxists regard state intervention via legislation and the creation of industrial tribunals as supporting management’s interest rather than ensuring a balance between the competing groups.

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