Examlex
_________is a theory that studies how organizations can increase their ability to grow and survive in a competitive environment by satisfying their stakeholders.
Unionization
The process of organizing the employees of a company into a labor union to negotiate wages, working conditions, and other employment terms.
Union-Management Negotiation
The process in which labor union representatives and company management discuss and agree on workplace conditions, wages, and policies.
Mediation
A form of alternative dispute resolution where a neutral third party helps disputants come to a consensus on their own.
Arbitration
A method of resolving disputes outside of court where an impartial third party delivers a conclusive judgement to settle a disagreement between parties.
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