Question

When does management of a firm and labor submit to compulsory arbitration?

1) When the federal government mandates it
2) When there is a labor dispute
3) When the firm is facing financial difficulties
4) When the employees demand it

Answer 1

Management of a firm and labor submit to compulsory arbitration when the federal government mandates it, when there is a labor dispute, or when the employees demand it.

Step-by-step explanation:

Management of a firm and labor submit to compulsory arbitration in certain situations. Management of a firm and labor submit to compulsory arbitration when the federal government mandates it, when there is a labor dispute, or when the employees demand it.

These include:

1. When the federal government mandates it
2. When there is a labor dispute
3. When the employees demand it

Compulsory arbitration is a process where a neutral third party makes a binding decision to resolve a dispute between management and labor. This can be necessary to ensure fair resolution and prevent prolonged labor conflicts.