Asked by
Uvaraj Devarajan
on Nov 28, 2024
Verified
Bargaining power and the threat of a strike should affect the extent to which bargaining outcomes favor labor or management but not the occurrence or frequency of strikes.
Bargaining Power
The capacity of one party in a negotiation to influence the terms of agreement due to their resources, alternatives, or strategic advantage.
Bargaining Outcomes
The results achieved from negotiation processes, including agreements on wages, working conditions, and other employment terms.
- Acquire insight into the impact of bargaining strength and labor legislation on strike actions.
Verified Answer
JC
Learning Objectives
- Acquire insight into the impact of bargaining strength and labor legislation on strike actions.