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Michelin's ________ can be summed up as "providing safety-conscious parents greater security in tires at a premium price."
Wages
Payment to employees for their labor, typically calculated on an hourly, daily, or piecework basis.
Working Conditions
The environment in which an employee works, including safety standards, hours, and amenities, impacting their health and wellbeing.
Integrative Bargaining
A negotiation strategy that seeks win-win outcomes by addressing interests of all parties involved rather than focussing strictly on fixed positions.
Collective Bargaining
The process where workers, through their unions, negotiate contracts with their employers to determine pay, work conditions, benefits, and other work-related issues.
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