Examlex
Activities that are performed all at once on groups of products is classified as an
Management Negotiators
Individuals or teams designated by an organization's management to represent the company in bargaining discussions with labor unions or employees.
Contract Settlement
The final agreement reached between parties (e.g., between employer and employees' union) outlining the terms and conditions of employment after negotiations, usually formalized in a written document.
Relative Bargaining Power
The balance of power between negotiating parties, which can affect the outcome of negotiations, often determined by one party's ability to exert more influence or resources than the other.
Strike Leverage
The power that employees and unions have during negotiations, derived from their ability to organize a work stoppage or strike effectively.
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