7 Views

Question : In the context of workers' movements, the term "collective bargaining" refers to:

 

Option 1: The process of negotiating wages and working conditions between employers and a group of employees

Option 2: The collective decision-making process within a workers' cooperative

Option 3: The strategy of pooling resources among workers to invest in business ventures

Option 4: The collective action taken by workers to demand political reforms


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: The process of negotiating wages and working conditions between employers and a group of employees


Solution : "Collective bargaining" refers to the process of negotiating wages and working conditions between employers and a group of employees, typically represented by a trade union, to reach a mutually agreed-upon contract.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
KIET MBA Admissions 2026
Apply
Affiliated to AKTU | Approved by AICTE | Accredited by NAAC A+ | Rs. 48.89 LPA Highest CTC | Microsoft, Samsung, Infosys, Adobe, Amazon | NIRF-2023...
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books