Which of the Following Must Form Part of a Collective

question 42

Multiple Choice

Which of the following must form part of a collective agreement?

• A) Technological change clauses
• B) Benefits clauses
• C) Grievance resolution procedures
• D) All of the above

---

Definitions:

Negotiation

The process of discussing an issue between two or more parties with the aim of reaching a consensus or an agreement.

Concentration Ratio

A measure of the market share of the largest firms within an industry, indicating the market's competitive landscape.

Industry Output

The total production output of firms within a specific industry, an indicator of an industry's scale and health.

Celebrity Endorsements

The practice of having celebrities or well-known public figures promote a product, service, or brand.