Which process involves negotiating terms between a union and employer to agree on conditions?

Which process involves negotiating terms between a union and employer to agree on conditions?

• A. Industrial Action
• B. Trade Unions
• C. Collective Bargaining
• D. Macro Economics

Answer: (C)

Collective bargaining is the process where representatives of workers (the union) and the employer negotiate terms and conditions of employment, such as pay, hours, and working conditions, to reach a formal agreement. This provides a structured way to agree on conditions and helps prevent ongoing disputes. Industrial action is the tactic of applying pressure through strikes or other methods when negotiations stall, not the negotiation itself. Trade unions are the organisations that represent workers, while macroeconomics is about the overall economy, not workplace negotiations.

Collective bargaining is the process where representatives of workers (the union) and the employer negotiate terms and conditions of employment, such as pay, hours, and working conditions, to reach a formal agreement. This provides a structured way to agree on conditions and helps prevent ongoing disputes. Industrial action is the tactic of applying pressure through strikes or other methods when negotiations stall, not the negotiation itself. Trade unions are the organisations that represent workers, while macroeconomics is about the overall economy, not workplace negotiations.