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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.
1. The investment a company makes in training employees to perform their duties and redesigning products and processes to improve them would be categorized as prevention costs. 2.
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