Arbitration Arbitration, a form of alternative dispute resolution (ADR), is a technique for the resolution of disputes outside the courts. The parties to a dispute refer it to arbitration by one or more persons (the "arbitrators", "arbiters" or "arbitral tribunal"), and agree to be bound by the arbitration decision (the "award"). A third party reviews the evidence in the case and imposes a decision that is legally binding on both sides and enforceable in the courts.[1] Other forms of ADR include
Words: 4238 - Pages: 17
ijcrb.webs.com JANUARY 2012 VOL 3, NO 9 INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS Collective Bargaining and Its Implementation “A case study of HBFC in Pakistan” Rana Adeel Luqman MS Scholar and Lecturer Commerce Department The Islamia University of Bahawalpur, Punjab, Pakistan Fakhar Shahzad (Corresponding author) MS Scholar and Visiting Lecturer The Islamia University of Bahawalpur, Punjab, Pakistan Sundus Shaheen (Corresponding author) Lecturer, Commerce Department
Words: 2888 - Pages: 12
| International Business Management | Course Code Number | | Credit hours | Two (2) | Course Objective | Main Objective | This course is designed to help students in developing better understanding about the international business system. The objective of the course can be divided into two major categories. 1) To provide in depth knowledge about international trading system and 2) To provide information about diverse and complex task performed in international business operations. This
Words: 691 - Pages: 3
safer working environment as well as a strong foundation for which the labor and management teams can use to strengthen their relationship. Collective bargaining generally includes negotiations between the two parties (employees’ representatives and employer’s representatives). Collective bargaining consists of negotiations between an employer and a group of employees that determine the conditions of employment. Often employees are represented in the bargaining by a union or other labor organization
Words: 2596 - Pages: 11
Abstract Social Media is one of the most popular ways of commutating around the world today; it has connected people like nothing we have ever seen. Social media is a relatively inexpensive platform for business and organizations. Because so many people use social media many people will use social media to promote themselves such as singers, actors, and all types of businesses. Technology is everything social media marketing has become a major instrument in organizations’ marketing strategies. The
Words: 1454 - Pages: 6
The Role and Functions of Law Josephine Butrica University of Phoenix Ethical and Legal Topics in Business Tonia Cutchin February 15, 2016 When you think of the word Law you should think of Rules. According to Merriam-Webster Dictionary (Law). The whole system or set of rules made by the government of a town, state, country, etc. Laws are made to protect the masses; this can be you personally, a corporation or society itself. Companies and Business's need to be protected or held to the standard
Words: 1134 - Pages: 5
Task 1: 1.1: According to Mohan. S that Graham and Bennett (1998) said '' a worker relation includes all the guidelines practices and agreement leading relations between organizations and their employees, usually linking bargaining and collective representation''. The relationship among the company and workers is recognized as Industrial relations. However, a good trade relation is essential for healthier environment in the association and for improved performance and manufacture in the organizations
Words: 3430 - Pages: 14
Week 1 Knowledge Check The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material. Personalized Study Guide Results: Score: 15 / 15 Concepts | Mastery | Questions | Employment at Will | 100% | * 1 * 2 * 15 | Major employment laws | 100% | * 3 * 4 * 5
Words: 1994 - Pages: 8
Personal Negotiations MGT/445 November 14, 2011 Thelma Clark Personal Negotiations In life, whether it is personal or business, one will negotiate terms of sorts and it will likely be often. When a person goes to buy a new car, purchase a home of their own, or have a garage sale, negotiations take place. In business, one can negotiate a salary, work schedule, or position within the company. Businesses will often negotiate with other businesses in order to expand, purchase, or
Words: 844 - Pages: 4
Alternative methods of dispute resolution (ADR) Alternative methods of dispute resolution also known as ADR are any procedures or combination of procedures that is employed in civil cases only, to settle disputes or disagreements between various parties. This method is used when the parties involved has to maintain a relationship after the dispute has been settled, as opposed to the court system whereby the parties involved are strangers and are happy to remain so.[1] There are various forms
Words: 1666 - Pages: 7
