Examlex
Explain the three categories of typical motives behind mergers and acquisitions.
Union Instrumentality
The means or methods through which a labor union seeks to protect the interests of its members, such as collective bargaining and industrial action.
Job Dissatisfaction
A negative emotional state resulting from an individual’s perception of their job not meeting their expectations or needs.
Utility Maximization
The economic principle that individuals or firms aim to achieve the highest level of utility or satisfaction possible, given their resources.
Bargaining Units
Groups of employees with a clear and identifiable community of interests in wages, hours, and working conditions, which are represented collectively in negotiating labor contracts.
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