Chapter 12, Problem 8AA

To determine

To choose: The word that best completes the given sentence.

Answer to Problem 8AA

The word that best completes the given sentence is Option (f) Resolve.

Explanation of Solution

The Labor unions and the management, when faced with any disputes or issues to come up on a decision, resolve such disputes through negotiations. They discuss and come to a decision with mutual agreements where no right of employer or employee is harmed.

No other option best fits in the blank except ‘Resolve’ as it provides the solution to the disputes between the unions and the management where both the parties agree to a decision by discussing and negotiating.

Economics Concept Introduction

Introduction:

Labor unions: It is an association of workers, which acts as a representative for the unit of workers or employees in matters of their rights and law under administration.