The process by which a formal collective bargaining agreement is established between labour and management is known as
A) contract ratification.
B) collective bargaining.
C) conciliation.
D) distributive bargaining.
E) integrative negotiating.

Question

Quizplus · Accepted Answer

Collective bargaining is the process by which a formal agreement between labour and management is established. The process involves negotiations and reaching an agreement on terms and conditions of employment, wages, benefits, and other related issues. Once an agreement is reached, it is formalized and signed, and it becomes a legally binding document called a collective bargaining agreement. Contract ratification, conciliation, distributive bargaining, and integrative negotiating are different aspects of the collective bargaining process, but they do not refer to the process of establishing a formal agreement between labour and management.

The Process by Which a Formal Collective Bargaining Agreement Is