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In the circular-flow diagram,
Unions
Organizations formed by workers in various sectors aimed at defending their rights, improving working conditions, and negotiating wages and other benefits with employers.
Corporations
Business entities that are legally recognized as individual entities, separate from their owners, with the ability to own assets, borrow money, and be sued in court.
National Union
A labor union that represents workers from across the country in a specific trade or industry.
Employee Empowerment
A management practice that involves giving workers more autonomy, resources, and capability to make decisions affecting their work.
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