For collective bargaining to be fully effective, there should be certain essential conditions fulfilled. Its main objective is to avoid third-party intervention in matters relating to employment. A collective bargaining process generally consists of four types of activities... distributive bargaining, integrative bargaining, attitudinal structuring, and intra … [Read more...] about 11 Things Required for Collective Bargaining Succeed
Entrepreneurship and Career
17 Nature and Characteristics of Collective Bargaining (With Examples)
Collective bargaining is a mode of fixing the terms of employment using bargaining between an organized body of employees and an employer or an association of employers usually acting through organized agents. The essence of collective bargaining is a bargain between interested parties and not a decree from outside parties. The main objective is to resolve the … [Read more...] about 17 Nature and Characteristics of Collective Bargaining (With Examples)
7 Major Styles of Conflict Management that Managers Can Adopt
Meaning conflict is not necessarily good or bad but must be evaluated in terms of its individual and organizational functions and dysfunctions. A minimal level of conflict is optimal. Conflict, rather than being disruptive and dissociating, may indeed be a means of balancing and hence maintaining an organization as a going concern. Managers adopt different ways of … [Read more...] about 7 Major Styles of Conflict Management that Managers Can Adopt
Top 7 Benefits and Limitations of Network Marketing | Meaning
A business model in which a distributor network is needed to build the business. Usually, this term is also well versed as Multilevel Marketing in which payouts occur at more than one level. Network Marketing is a mode of direct marketing by the manufacturer. It consists of recruiting independent business persons who act as distributors of the company’s products. Each … [Read more...] about Top 7 Benefits and Limitations of Network Marketing | Meaning
21 Benefits and Limitations of E-Commerce Businesses
‘Electronic commerce’ refers to all forms of business transactions which are carried out through electronic processing and transmission of data including text, sound, and visual images. The term electronic commerce or e-commerce as it is popularly known; refers to a comprehensive system of trading that uses networks of computers for buying and selling of goods, … [Read more...] about 21 Benefits and Limitations of E-Commerce Businesses
