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Explain collective bargaining
Collective Bargaining: Collective Bargaining constitutes the negotiations among the management and the union with the final objective of agreeing on a written contract covering the conditions and terms of settlement of the disputed matters. Collective bargaining is essentially a give-and-take process counter proposals and involving proposals.
Time Lag Effects - Operations Function Feedback control in complex systems can bring its own problems, due to time lag between measuring the output deviation and realising the
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