Distinguish Between Meditation and Arbitration as Used in Settling Labour-Management

question 44

Essay

Distinguish between meditation and arbitration as used in settling labour-management disputes.

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Definitions:

Unethical Conduct

Behavior that does not conform to accepted moral norms or standards, often violating ethical principles.

Company Rules

Guidelines and regulations established by a company that govern the behavior and responsibilities of its employees.

Profit Maximization

The process by which a business seeks to achieve the highest possible profit.

Corporate Citizenship Theories

A collection of ideas and practices that consider the role of businesses in society, focusing on their responsibilities towards stakeholders and the environment.