Workers Are Not Commodities, Employee Voice Is Important, There Is

question 146

Multiple Choice

Workers are not commodities, employee voice is important, there is an inherent conflict of interest between management and employees over economic issues describes the assumptions of:

• A) The industrial relations perspective.
• B) The mainstream model of economics.
• C) The human resources perspective.
• D) The critical industrial relations perspective.

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Definitions:

Wage

The price paid for the use or services of labor per unit of time (per hour, per day, and so on).

Salary Workers

Individuals who receive a fixed regular payment, often monthly, from their employer, regardless of the number of hours worked.

Monopsonist

An economic situation where there is only one buyer in the market, giving the buyer substantial power over prices and terms with suppliers.