Examlex
A supermarket is bound to expect a higher stockturn for fresh fruits and vegetables compared to soaps and detergents.
Public Sector Bargaining
Negotiation processes between government bodies as employers and public sector employees regarding working conditions, salaries, and benefits.
Private Sector Bargaining
The negotiation process between employers and employees (or their representatives) over work terms and conditions specific to the private sector.
BATNA/MLATNA
Best Alternative To a Negotiated Agreement / Most Likely Alternative To a Negotiated Agreement; concepts in negotiation that define the most advantageous alternative action a party can take if negotiations fail.
Bargain
To negotiate the terms of an agreement or contract, often in the context of labor unions negotiating employment conditions with employers.
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