Lekhny composition -27-Jan-2023 Bargaining
Bargaining
Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service debate the price or nature of a transaction. If the bargaining produces agreement on terms, the transaction takes place.
Advantages of Bargaining are-:
1. It is pro-employees
2. It keeps abusive employees powerless
3. It prevents employees from going on strikes
4. It gives protection to all employees
5. It provides security and stability
Disadvantages of Bargaining are-:
1. It is prone to inequality
2. It can be biased to employers
3. It takes a long period of time
4. It can be unfair to senior employees and member employees
5. It can widen the gap between employers and employees
Types of Bargaining-:
1. Composite
2. Concessionary
3. Distributed
4. Integrative
5. Productivity
Collective Bargaining is a way to solve workplace problems. It is also the best means for raising wages in America. Indeed, through collective bargaining, working people in unions have higher wages, better benefits and safer workplace.
On the other hand bargaining is bad because a bargaining customer may get a lower price, it loses profits again. And the risk of failure are h
Gunjan Kamal
31-Jan-2023 05:22 AM
Nice 👍🏼
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Punam verma
30-Jan-2023 09:23 AM
Very nice
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Abhinav ji
28-Jan-2023 08:16 AM
Very nice 👌
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