Examlex
Korber is the world's largest producer of cigarette manufacturing equipment.As growth in the world tobacco consumption declines,it is obvious that Korber will face a bleak future unless it is able to divest itself of its connection to the cigarette industry and start anew.In other words,Korber needs to engage in which of the following activities?
Exclusive Bargaining Rights
The legal right granted to a union to be the sole representative of all employees in a designated bargaining unit for purposes of collective bargaining.
Union Security Clause
A provision in a labor contract that requires employees to join the union within a certain time frame as a condition of their employment.
Legalistic Nature
Refers to actions or processes that are heavily reliant on formal legal procedures and regulations.
Collective Bargaining Contracts
Legally binding agreements resulting from negotiations between employers and labor unions on terms of employment.
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