Industrial Relations Industrial relation means the relationship between employers and employees in course of employment in industrial organisations. However‚ the concept of Industrial Relations has a broader meaning. In a broad sense‚ the term Industrial Relations includes the relationship between the various unions‚ between the state and the unions as well as those between the various employers and the government. Relations of all those associated in an industry may be called Industrial Relations
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following terms: call option‚ put option‚ exercise price‚ strike price‚ exercising the option‚ expiration date‚ American option‚ European option‚ in-the-money‚ and out-of-the-money. 2. Compute the value of a call or a put option at expiration. 3. List the rights and obligations of the buyer of the option and the seller of the option. 4. Use put-call parity to solve for the call premium‚ the put premium‚ the stock price‚ the strike price‚ or the dividend. 5. Discuss the following factors that
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In the Strike in Space case‚ there are two primary problems. One major problem is the misuse of authority of the ground control in the way it manages the astronauts. This abuse of power is evident in several sub-issues such as: micromanagement‚ procedural injustice‚ and the disregard for employee input. Another major problem is lack of motivation caused by unrealistic expectations‚ poorly defined goals‚ and the absence of an incentive policy. Micromanagement (Taylorism/Scientific Management)
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strategy of its own‚ the report says the government now has no option but accept the proposals of the Justice Dharmadhikari report‚ whose recommendations are yet to be made public.The outcomes will meet with a mixed response from the unions and more strikes are likely. The government‚ it says‚ seems to be preparing to adopt a firm stance‚ limiting discussions with the unions.It may not even shy away from a watershed moment in the next two to three months after the report is accepted by the government
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asda UNIT 24: EMPLOYEE RELATIONS SUBMITTED BY: [Type the author name] TABLE OF CONTENTS PAGE 1. Wal-Mart’s and ASDA’s approach to resisting 2 trade union organisation as unitarist or pluralist (union substitution or suppression) 2. Examples of the strategy they appear to have adopted 3 3. Changes to trade unionism (certainly since the 1980’s) have affected employee relations
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encourage or authorize a strike‚ nor can employees go on strike. The risk is termination. For military members‚ there is a grievance system‚ but it remains within the chain-of-command‚ or in severe cases‚ the Judge Advocate General. Case Study: The last union to test the law was the Professional Air Traffic Controllers Organization on August 3‚ 1981. PATCO‚ then certified as a government union‚ violated the law {5 U.S.C. (Supp. III 1956) when it led its members on a nationwide strike. President Reagan
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violent than anticipated. Even though labor unions wanted safer working areas and good pay‚ it still reduced job opportunities and cost millions of dollars worth of property damage. Strikes were a popular way to get your word out while still being peaceful. Although most strikes ended in violence like the general strike in Baltimore (Doc E)‚ they were intended to get the
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Week 7 : Week 7 - Exam #1 Time Remaining: | | 1. What phrase is often used interchangeably with the phrase market capitalization? (Points : 1) Market value Open Interest Trading volume Notional value | 2. Assume that an investor lends 100 shares of Jiffy‚ Inc. common stock to a short seller. The bid-ask prices are $32.00 - $32.50. When the position is closed the bid-ask prices are $32.50 - $33.00. The commission rate is 0.5%. The market interest
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Permissive bargaining items – employers and unions can bargain over permissive items if they choose; but because they are outside the boundaries of the NLRA‚ and NLRB cannot order bargaining on these issues‚ and employees are not protected if they go on strike over these issues. 11. Distributive bargaining – is the familiar type of negotiation used to resolve these conflicts of interests – in other words‚ to distribute the shares of the fixed pie. 12. Integrative bargaining – seeks to unify the
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Dockers union in the Hull dock strike of 1890. In this event the National Free Labour Association used naval boats to support the employers who were trying to stop the strike and they successfully defeated the union. The trade unions suffered many setbacks in the form of striking due to the united power of the employers who formed groups against them. The trade unions also suffered setbacks because their tactics were no longer effective‚ the employers combatted their strike action with blackleg labour
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