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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

International Labor Relations

  1. 17.5 Understand international labor relations.

Labor relations is the process through which management and workers identify and determine job relationships that will apply in the workplace. Labor unions (also called trade unions) provide a means for collective bargaining—joint negotiations between management and hourly labor and technical staff regarding wages and working conditions. When the firm and labor union negotiate a relationship, they formalize it with a contract. Labor regulations vary substantially, from minimal rules in some developing economies to detailed laws and regulations in many advanced economies. In Germany, union workers in the auto industry have the right to reduce their weekly working ...

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Publisher Resources

ISBN: 9780136763017