Characteristics of Multinational Corporations (MNCs): Giant Colossal Size: The business (sales volume) and asset holdings of multinational corporations runs in ...

Joint Management Councils (JMC): An idea to form the Joint Management Councils was developed in a labor management co-operation that was held in New Delhi in ...

The Worker's Participation in Management (WPM) is a mechanism aiming to create a harmonious industrial environment by increased worker participation in the ...

Most of measures relating to industrial disputes aim at settlement rather than preventing their occurrences. The measures for prevention of disputes can be ...

The Government policy for sick industrial units aims at revival, reconstruction and rehabilitation of sick or potentially sick units. In 1978, government ...

Industrial Development Bank of India (IDBI): In March 1985 IRCI was reconstituted into a statutory corporation, Industrial Development Bank of India (EMI). The ...

A monopolistic trade practice (MTP) is one in which economic power relating to production and marketing of goods and services is concentrated in hands of a ...

A Restrictive Trade Practice (RTP) is generally one which has the effect of preventing, distorting or restricting competition. In particular, restrictive ...

The Monopolies and Restrictive Trade Practices(MRTP) Act, 1969, aims at preventing concentration of economic power in the hands of few business houses. The ...

The are various types of restrictive trade practices under Section 33 of MRTP that are remittable with the director general. They are: Refusal to Deal: ...

Some of the important features of Consumer Protection Act, 1986 are: It aims at providing overall/holistic protection to the consumers. The Act is ...

Consumer Rights and Responsibilities: The government has constituted various rights to protect the interests of consumers. Initially these Were mere social ...