Difference between revisions of "Bargaining"
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Revision as of 17:50, 11 March 2020
Bargaining - (adjective)
Definition
Bargaining’ is often used as an adjective with the nouns ‘position’, ’power’, or ‘strength’. The more members a trade union has, for example, the greater the bargaining power it will have in negotiations with management.
Extra
Source: Own Definition
Example of Use: The loss of members left the trade union in a weaker bargaining position. The change in labour laws, which made strike action more difficult, resulted in a loss of bargaining power.