Which of the Following Is Used Widely by Management and Labor

question 70

Multiple Choice

Which of the following is used widely by management and labor to settle disputes arising out of and during the term of a labor contract?

• A) Lockouts
• B) Grievance arbitration
• C) Complaint mediation
• D) Bargaining hearings

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Definitions:

World Bank

An international financial institution that offers loans, grants, and expert advice to developing countries for economic development projects.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people.

Infrastructure

Fundamental physical and organizational structures needed for the operation of a society or enterprise, such as roads, utilities, and communication systems.

Public Capital Goods

Long-term assets used by the public sector to provide public services, like roads, schools, and hospitals.