Business Management HL
Business Management HL
6
Chapters
223
Notes
Unit 1 - Introduction To Business Management - QB
Unit 1 - Introduction To Business Management - QB
Unit 2 - Human Resource Management - QB
Unit 2 - Human Resource Management - QB
Unit 3 - Finance & accounts - QB
Unit 3 - Finance & accounts - QB
Unit 4 - Marketing - QB
Unit 4 - Marketing - QB
Unit 5 - Operations management - QB
Unit 5 - Operations management - QB
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 2 - Human Resource Management - QB
Business Management HL
Business Management HL

Unit 2 - Human Resource Management - QB

Conflict Resolution In Labor Relations: Conciliation Vs. Arbitration

Word Count Emoji
699 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 16th Oct 2024

Table of content

Conciliation vs arbitration

So, you and your friend are arguing over who gets the last slice of pizza. How do you solve it?

  • ๐Ÿ• Conciliation: Your cool aunt steps in and suggests, "How about cutting the slice in half? Or one can have the slice, and the other gets an ice cream?" She's giving you ideas, but you two have to make the final call.

  • ๐ŸŽฉ Arbitration: Now imagine a referee comes in. He looks at both of you and decides, "The slice goes to the one who hasn't had dessert yet!" His decision is the final one. No take-backs!

Why use an outsider like your aunt or referee? They're not craving that pizza slice and can think without drooling. They can help find a solution that feels fair to everyone.

Employee participation & industrial democracy - imagine a school group project.

  • ๐Ÿ‘ฅ In some groups, only one person decides everything, while the others just do what they're told. That's like companies where only shareholders (through their reps: the big bosses) decide everything.

  • ๐Ÿค In other groups, everyone shares ideas, and decisions are made together. That's like the workplace democracy. Think of it like the Avengers, where every superhero gets a say in the plan.

Why is this important? If workers have a voice, they might solve conflicts differently than in places where they're just told what to do.

No - strike agreement

Imagine your entire class deciding not to submit homework until they get an extra day off. That's a strike!

But sometimes, the class might say, "Okay, we won't protest this year if you promise us an extra recess every day." That's a no-strike agreement. It's like a deal – we won't do X if you give us Y.

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IB Resources
Unit 2 - Human Resource Management - QB
Business Management HL
Business Management HL

Unit 2 - Human Resource Management - QB

Conflict Resolution In Labor Relations: Conciliation Vs. Arbitration

Word Count Emoji
699 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 16th Oct 2024

Table of content

Conciliation vs arbitration

So, you and your friend are arguing over who gets the last slice of pizza. How do you solve it?

  • ๐Ÿ• Conciliation: Your cool aunt steps in and suggests, "How about cutting the slice in half? Or one can have the slice, and the other gets an ice cream?" She's giving you ideas, but you two have to make the final call.

  • ๐ŸŽฉ Arbitration: Now imagine a referee comes in. He looks at both of you and decides, "The slice goes to the one who hasn't had dessert yet!" His decision is the final one. No take-backs!

Why use an outsider like your aunt or referee? They're not craving that pizza slice and can think without drooling. They can help find a solution that feels fair to everyone.

Employee participation & industrial democracy - imagine a school group project.

  • ๐Ÿ‘ฅ In some groups, only one person decides everything, while the others just do what they're told. That's like companies where only shareholders (through their reps: the big bosses) decide everything.

  • ๐Ÿค In other groups, everyone shares ideas, and decisions are made together. That's like the workplace democracy. Think of it like the Avengers, where every superhero gets a say in the plan.

Why is this important? If workers have a voice, they might solve conflicts differently than in places where they're just told what to do.

No - strike agreement

Imagine your entire class deciding not to submit homework until they get an extra day off. That's a strike!

But sometimes, the class might say, "Okay, we won't protest this year if you promise us an extra recess every day." That's a no-strike agreement. It's like a deal – we won't do X if you give us Y.

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐ŸŒŸ