Final answer:
The correct answer to the student's question is 'Prehearing stipulations', which are agreed-upon facts and issues accepted by both union and management before a hearing. This expedites the dispute resolution process within the context of labor relations and is overseen by regulatory bodies like the National Labor Relations Board.
Step-by-step explanation:
Joint union-management statements as to the issues involved and certain applicable grievance facts are called prehearing stipulations. This occurs during the process where disputes or grievances arise between union and management within an organization. The prehearing stipulations are a set of agreed-upon facts and issues that both sides accept before the hearing to simplify the process. In the context of labor disputes and union activities, these stipulations function to streamline the resolution process and set a foundation of mutual understanding.
Within the procedure of establishing unions and resolving disputes, the National Labor Relations Board (NLRB) often comes into play. The NLRB handles issues concerning union representation and unfair labor practices, making it relevant to the context of prehearing stipulations, which would be part of the grievance and arbitration processes overseen by bodies like the NLRB.