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What are the different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness?
  • a)
    Unit-management seeks freedom to close the unit, financial institutions seek salvageable measures, and labor wants the unit to continue production
  • b)
    Unit-management seeks government intervention, financial institutions seek closure of the unit, and labor wants job security
  • c)
    Unit-management seeks financial assistance, financial institutions seek mergers and amalgamations, and labor wants compensation for job loss
  • d)
    Unit-management seeks mergers and takeovers, financial institutions seek revival and rehabilitation, and labor wants improved working conditions
Correct answer is option 'A'. Can you explain this answer?
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What are the different viewpoints of unit-management, financial instit...
The different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness are as follows: Unit-management seeks the freedom to close the unit if it is no longer viable. Financial institutions believe that whatever can be salvaged should be salvaged. Labor, on the other hand, wants the unit to continue production as the closure would result in job loss and the loss of other benefits. These diverse viewpoints often create conflicts and challenges in dealing with industrial sickness.
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What are the different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness?a)Unit-management seeks freedom to close the unit, financial institutions seek salvageable measures, and labor wants the unit to continue productionb)Unit-management seeks government intervention, financial institutions seek closure of the unit, and labor wants job securityc)Unit-management seeks financial assistance, financial institutions seek mergers and amalgamations, and labor wants compensation for job lossd)Unit-management seeks mergers and takeovers, financial institutions seek revival and rehabilitation, and labor wants improved working conditionsCorrect answer is option 'A'. Can you explain this answer?
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What are the different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness?a)Unit-management seeks freedom to close the unit, financial institutions seek salvageable measures, and labor wants the unit to continue productionb)Unit-management seeks government intervention, financial institutions seek closure of the unit, and labor wants job securityc)Unit-management seeks financial assistance, financial institutions seek mergers and amalgamations, and labor wants compensation for job lossd)Unit-management seeks mergers and takeovers, financial institutions seek revival and rehabilitation, and labor wants improved working conditionsCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What are the different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness?a)Unit-management seeks freedom to close the unit, financial institutions seek salvageable measures, and labor wants the unit to continue productionb)Unit-management seeks government intervention, financial institutions seek closure of the unit, and labor wants job securityc)Unit-management seeks financial assistance, financial institutions seek mergers and amalgamations, and labor wants compensation for job lossd)Unit-management seeks mergers and takeovers, financial institutions seek revival and rehabilitation, and labor wants improved working conditionsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the different viewpoints of unit-management, financial institutions, and labor regarding industrial sickness?a)Unit-management seeks freedom to close the unit, financial institutions seek salvageable measures, and labor wants the unit to continue productionb)Unit-management seeks government intervention, financial institutions seek closure of the unit, and labor wants job securityc)Unit-management seeks financial assistance, financial institutions seek mergers and amalgamations, and labor wants compensation for job lossd)Unit-management seeks mergers and takeovers, financial institutions seek revival and rehabilitation, and labor wants improved working conditionsCorrect answer is option 'A'. Can you explain this answer?.
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