Examlex
In a mass-production environment,direct labour is usually a relatively small component of the total manufacturing costs.
21st Century
The current century, beginning January 1, 2001, and ending December 31, 2100, marked by rapid technological advancements and globalization.
Resurgence
The revival or renewal of activity, interest, or strength after a period of decline or dormancy.
Labor-Management Relations
The interactions between employees, often represented by unions, and employers regarding working conditions, pay, and other aspects of work.
Concession Bargaining
A negotiation process where labor unions agree to give up previous benefits in exchange for something else, often to avoid worse outcomes.
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