Examlex
Unions typically do not attempt to achieve greater participation in management decisions involving issues such as job content,productivity standards,and subcontracting of work.
Administered Cooperative System
A system where a central agency coordinates the activities of a group of cooperative entities, ensuring efficiency and uniformity in operations.
Franchising
A business practice in which a company allows another operator to trade under its brand in return for a fee or license.
Parent Company
A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
Contractual Arrangement
An agreement between entities to do or not do specific things, legally binding and enforceable.
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