Compute the variable- and fixed-cost elements usin
Module Six Homework
Q 1. Who are the principal parties involved in the collective bargaining process? What are their roles?
2. What is the purpose of a management rights clause? Do you agree with the reserved rights theory, why or why not?
The principle parties who are involved in the collective bargaining process are the labor union and the management or employer. In the process of the collective bargaining agreement, both the employees and the employer should reach to a perfect agreement involving the duties and responsibilities of employees in the workplace. Their roles are important in the collective bargaining process in a proper manner. The role of the employer in the collective bargaining agreement is to negotiate for increasing the level of productivity. The higher management is expected to be honest and integrated during the negotiation.