Five myths about ethics prevail in literature on the subject. Some advocate its relevance in business education whereas other argue that” business ethics” is an oxymoron or a contradiction in terms. The five myths are presented in figure:   Myths 1: Ethics is personal and confined to self : An individual has a right to decide what is right and what...

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One important operation that we often perform on Collection is partition it into two collections of values. For example, if you’ve got a Stream of Student, then you might wish to divide them based on gender. One approach to doing this is to perform two different filters, one looking for female students and the other for male students. This approach...

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The Code of Discipline defines duties and responsibilities of employers and workers. The objectives of the code are: To ensure that employers and employees recognize each other’s right and obligations. To promote constructive co-operation between the parties concerned at all levels. To secure settlement of disputes and grievances by negotiation, co...

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Arbitration is a procedure in which a neutral third party studies the bargaining situation, listens to both the parties and gathers information, and then makes recommendations that are binding on the parties. Arbitration is effective as a means of resolving disputes because it is: Established by the parties themselves and the decision is acceptable...

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Grievance Procedure is another method of resolving disputes. All labour agreements contain some form of grievance procedure. And if the procedure is followed strictly, any dispute can easily be resolved. In the meanwhile, a grievance may be understood as an dissatisfaction or feeling of personal injustice relating to his or her employment relations...

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The most frequent operation while working with collections is to iterate over a collection and perform some action on each element in turn. For example, Consider we have a List of Employees and we want to find the senior most and junior most employee from the List. So in normal boilerplate way we need to iterate over the List and identify the emplo...

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In Java 8 the most important library changes are made in Collection API and there is also a new addition named Stream. Streams allow us to write collections-processing code at a higher level of abstraction. The Stream interface contains a series of functions that we’ll explore throughout this tutorial, each of which corresponds to a common operatio...

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Trade unions in our country governed by the Trade union Act 1926. The main objective of the Act is to provide for the registration of trade unions and to give registered trade unions a legal status, and immunity to their office bearers and members from civil and criminal liability in respect of legitimate trade union activities. The act was passed ...

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There are companies which are non-unionized. Nearly nine per cent of the companies are without unions. Employees of such plants realize the negative consequences of unionization and prefer to stay away from unions. They may have misgivings about how effectively a union can improve unsatisfactory working conditions. Collective bargaining is not alwa...

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A proactive Industrial Relationship [IR] strategy program must cover the following decisions: Communication : How best can we convey our philosophy to employees? Relationships : How well can we improve our relationships with employees and unions? Competence : How to improve competence of managers and supervisors in dealing with IR matters? Communic...

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