Examlex
Given the objectives set by the strategic business plan, production management is concerned with:
Collective Bargaining Agreement
A written contract negotiated through collective bargaining by employees, through their representatives, and their employer, dictating the terms of employment.
Competitive Labor Market
A labor market characterized by numerous employers and job seekers, where wages are determined by supply and demand for labor.
Unionization
The process by which workers join together to form a union in order to collectively bargain with their employer regarding wages, benefits, and working conditions.
Essential Services
Services deemed crucial for public welfare that cannot be interrupted, like healthcare and public transport, often subject to special labor relations rules regarding strikes.
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