Tag Archives | Industries

Settlement of Industrial Disputes

When a dispute has arisen i.e., it could not be prevented on voluntary basis, the Industrial Disputes Act 1947 provides several provisions for settling the disputes. Dispute settlement machinery has been evolved under the Act. Provision made for the settlement of industrial disputes under this Act is called "Machinery of Settlement of Industrial Disputes". According to the Industrial Disputes Act, [...]

By |2020-10-24T13:20:58+05:30October 24, 2020|Industrial Disputes|Comments Off on Settlement of Industrial Disputes

Productivity: Meaning, Concept, Formulas, Techniques, Measurement and Advantages

Productivity refers to the physical relationship between the quantity produced (output) and the quantity of resources used in the course of production (input). "It is the ratio between the output of goods and services and the input of resources consumed in the process of production." Productivity is the ratio between output of wealth and input of resources used in production [...]

By |2019-12-21T10:02:13+05:30December 21, 2019|Management|Comments Off on Productivity: Meaning, Concept, Formulas, Techniques, Measurement and Advantages

Industrial Relations

Industrial relations may be defined as the relations and interactions in the industry particularly between the labour and management as a result of their composite attitudes and approaches in regard to the management of the affairs of the industry, for the betterment of not only the management and the workers but also of the industry and the economy as a [...]

By |2019-12-10T10:19:14+05:30December 10, 2019|Industries|Comments Off on Industrial Relations
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