37. Absence of strikes and lock-outs is an indicator of:
(A). Peaceful industrial relations.
(B) .Friendly industrial relations
(C)
Disturbed industrial relations
. None of the above
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Absence of strikes and lock-outs is an indicator of peaceful industrial relations.
- A lockout is a stoppage of task or an official dissent of active employment initiated during a labour dispute by a enterprise's management.
- It is started by employers or industry owners, in direct contrast to a possible strike where workers willfully refuse to work.
- Peace in the industrial relations system is necessary for a country's rapid economic growth. industrial peace relations remain a state where both employers and workers refrain from industrial action, like strikes and lockouts.
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