Power balance
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Power balance is the external factors that affect the relative strength of the parties and the outcome of the negotiations.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Power balance. External factors that affect the relative strength of the parties and the outcome of the negotiations.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.
