What Are the Four Basic Response Strategies for Negative Risks

question 31

Essay

What are the four basic response strategies for negative risks? Describe each strategy.

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Definitions:

Transnational Labor Collaboration

A form of cooperation between labor unions or workers across different countries aimed at addressing and improving working conditions and labor rights on an international scale.

Unionization

The process by which workers come together to form a union in order to collectively bargain with their employer regarding wages, working conditions, and other employment matters.

NAFTA

The North American Free Trade Agreement, an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries.

NAALC

The North American Agreement on Labor Cooperation, an agreement between the USA, Canada, and Mexico to improve working conditions and living standards.