ECO244Y5 Study Guide - Midterm Guide: Visible Minority, Mecha, System Model

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Labour relations: study of employment relationships and issues between groups of employees (usually in unions) and management; aka union management relations often focuses on issues concerning collective employment relationships; collective agreements: a written document outlining the terms and conditions of employment in a unionized place; collective bargaining: the process by which management and labour negotiate the terms and conditions of employment in a unionized workplace ; collective strike: an action by workers in which they cease to perform duties and do not report to work. Differing values between employers and employees cause development of goals which maximize efficiency while labour would seek to maximize equity: conversion mechanisms process by which actors convert internal and external inputs into outputs. agreement, collective bargaining by which the parties negotiate a collective, grievances by which employees or their union submit a written complaint that the agreement has not been followed, day to day relations day to day activities in the organization represent.

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