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The Influence of Product Markets on Industrial Relations
The influence of product markets on industrial relations

Industrial relations are profoundly affected by the nature of the markets in which firms compete. The relationships between employers and workers cannot avoid being influenced by the competitive pressures bearing down on the employers, whether those pressures are light and permissive, or tight and unforgiving. How employers respond to these pressures is another matter. There may be many different ways of managing labor that allow firms to keep afloat in a given competitive situation. There will be consequent differences in their industrial relations (IR). But whatever style of labor management is adopted, an important and unavoidable constraint on that style is whether, and with what urgency, the firm's business is ...

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