Examlex
On one tropical island,hurricanes occur with a mean of 2.26 per year.Assuming that the number of hurricanes can be modeled by a Poisson distribution,find the probability that there will be no hurricanes next year.
Sympathy Strike
A work stoppage by one union in support of a strike initiated by another union, typically to support the striking union's goals.
Collective Bargaining
The process where employers and unions negotiate terms of employment, including wages, working conditions, and benefits, to reach a mutual agreement.
Strike Contingency Plan
A strategy developed by employers to mitigate the effects of a potential strike, ensuring business continuity by outlining alternative labor sources, operational adjustments, and communication plans.
Bargaining Structure
The framework or system within which negotiations between employers and unions or employees take place.
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