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If the dividend amount of preferred stock, $50 par value, is quoted as 8%, then the dividends per share would be $4.
Legitimate Labor Organizations
Officially recognized unions that have the legal right to represent workers in negotiations with their employer.
Social Partnership
A collaborative relationship between employers, unions, and sometimes government, aimed at discussing and making decisions on labor issues.
Social Compact
An implied agreement among the members of a society to cooperate for social benefits, such as sacrificing some individual freedom for state protection.
Forcing Strategy
A negotiation tactic where one party uses aggressive methods to assert their demands and achieve their desired outcome, often at the expense of the relationship with the other party.
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