Which of the Four Schools of Thought Is the Only

question 91

Multiple Choice

Which of the four schools of thought is the only one that conforms to the belief that workers and employers are equals in the labor market?

• A) Mainstream economics
• B) Human resource management
• C) Industrial relations
• D) Critical industrial relations

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Definitions:

Private Donations

Contributions made by individuals or private entities to nonprofit organizations without expecting anything in return.

Translation Gains

Profits resulting from converting the financial statements of a foreign subsidiary into the parent company's reporting currency, reflecting changes in exchange rates.

Autonomous Subsidiaries

Subsidiary companies that operate independently with their own management and decision-making processes, despite being owned by a parent company.

Intercompany Transactions

Financial dealings between two or more entities within the same parent company structure.