Question

What is the underlying idea of collective bargaining?

a.

The relationship between employers and employees should be determined unilaterally by either party

b.

A third party should be allowed to interfere in the relationship between employers and employees

c.

Agreements arrived at by the process of negotiation and collective bargaining are likely to be more acceptable than those imposed by third parties

d.

None of the above

Answer: (c).Agreements arrived at by the process of negotiation and collective bargaining are likely to be more acceptable than those imposed by third parties Explanation:The underlying idea of collective bargaining is that the relationship between employers and employees should not be determined unilaterally by either party. Nor should a third party be allowed to interfere. It is expected that agreements arrived at by the process of negotiation and collective bargaining are likely to be more acceptable than those imposed by third parties (by government, for example) and therefore longer lasting.

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Q. What is the underlying idea of collective bargaining?

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