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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.

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