TYPES OF COLLECTIVE BARGAINING

The following are the types of collective bargaining 1. Conjunctive/Distributive Bargaining: In this type of bargaining, the employers and employees try to maximise their respective gains. Issues like wages, bonuses etc. are negotiated under conjunctive bargaining. Its identifying feature is that it operates under zero conditions i.e. “my gain is your loss and your gain is my loss”. The parties want Read More …

EPRG FRAMEWORK

A firm having a presence in the global market has to decide the manner in which it will enter and operate there. Firms in the international market have a different orientation and operating strategy. The country in which a company has its headquarter is Home country and countries where it has subsidiaries are known as host countries. EPRG Framework helps Read More …

Merits and Demerits of Government securities

MERITS OF GOVERNMENT SECURITIES : Zero risk: Government securities are free from any risk as there are no chances of default and government assures payment of principal along with interest. interest is paid regularly: in government bonds interest is paid at regular intervals generally half yearly or quarterly. Liquidity: government securities can be bought and sold regularly and can be instantly converted Read More …

MCQ ON INTERNATIONAL BUSINESS PART 3

1.  The main promoter of international trade liberalisation IBRD NAFTA SAARC GATT- WTO Show Answer 4. GATT- WTO Explanation WTO is the promoter of Interantional Trade Liberalisation. WTO set and enforce rules for international trade 2. The most common trade barrier faced by a multinational company is the Embargo Quota Sales tax Tariff Show Answer 4. Tariff Explanation A tariff Read More …