Discuss the Differences Between an Economic Strike and an Unfair

question 21

Essay

Discuss the differences between an economic strike and an unfair labor practices strike.What are the possible implications and consequences for union employees following each?

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Definitions:

HR Forecasting

The practice of predicting future human resources needs of an organization based on current data and trends.

Human Capital Stock

The accumulated skills, knowledge, experience, and abilities that the workforce possesses, which can contribute to an organization's performance and productivity.

Human Capital Flow

The movement and development of employees' skills and knowledge within and between organizations, which can impact innovation and economic growth.

Succession Management

Strategic process of identifying and preparing suitable employees through mentoring, training, and job rotations to replace key players within an organization as they retire or leave.