Discuss the Following Statement: Labour Relations Are Important for Employers

question 15

Essay

Discuss the following statement: Labour relations are important for employers, employees, and society.

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Definitions:

Interests

The stakes or concerns that individuals or groups have in a particular situation or outcome.

Deeply Rooted

Describes beliefs, values, or situations that are firmly established and not easily changed.

Intangibles

Assets or values that cannot be physically touched, such as goodwill, brand recognition, or intellectual property.

Tangibles

Physical items or properties that can be seen, touched, or measured.