What Purpose Is Served by the Labour Relations Boards in Labour-Management

question 78

Short Answer

What purpose is served by the Labour Relations Boards in labour-management relations?

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Definitions:

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.

Competitive Pressures

The forces that cause companies within the same market or industry to compete against each other for customers, market share, and profitability.