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In Equity Theory, What Is Important

question 18

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In equity theory, what is important?


Definitions:

National Labor Relations Board

An independent federal agency in the United States that enforces US labor law in relation to collective bargaining and unfair labor practices.

Lockout

A lockout occurs when an employer denies employees access to the workplace.

Impasses

Situations in negotiations (often labor negotiations) where the parties involved are unable to reach an agreement, leading to a deadlock.

Union Actions

Activities undertaken by labor unions, including strikes and negotiations, aimed at securing better conditions for their members.

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