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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
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The two dominant aspects of industrial relations scene in the modern industrial society are covered in which one of the following ?
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Eduncle Best Answer
Two important aspects of the industrial relations scene in a modern industrial society :
Cooperation - Modern industrial production is based upon cooperation between labour and capital. Here labour stands for the workers who man the factories, mines and other industrial establishments or services. Capital stands for the owners of business enterprises who supply the capital and own the final products.
Conflict - The second aspect of the system of industrial relations today is, the existence of conflict. Conflict, like cooperation, is inherent in the industrial relations set up of today. It becomes apparent when industrial disputes resulting in strikes and lockouts become frequent.