After reading this article you will learn about:- 1. Concept of Localization 2. Causes of Localization of Industries 3. Advantages 4. Disadvantages. Concept of Localization: An industry concentrated in a certain locality is commonly described as a localized industry. For example, woolen carpet industry is localized in and around Mirzapur, brass work is being carried out in Moradabad, textile industry [...]
After reading this article you will learn about the meaning and importance of labour welfare. Meaning of Labour Welfare: Labour welfare means the voluntary efforts made by the employer to provide better conditions of employment in their own industries. Its main object is to secure an improved standard of living for the workers, which effects on the worker's psychology and [...]
This article throws light upon the top twelve approaches to conflict resolution. The approaches are: 1. Win Win Approach 2. Creative Response 3. Empathy 4. Assertiveness 5. Cooperative Power 6. Managing Emotions 7. Willingness to Resolve 8. Mapping 9. Designing Options 10. Negotiation Skills 11. Third Party Mediators 12. Broadening Perspectives. 1. Win Win Approach: The win-win approach is about [...]