1.
What is Industry?
Industry is a basic
category of business activity. The term industry is sometimes used to describe
a very precise business activity or a more generic business activity. If a
company participates in multiple business activities, it is usually considered
to be in the industry in which most of its revenues are derived.
According to Bangladesh
Labor Law-2006,’’Industry means any business, trade, service, employment or
occupation .In a broader sense, industry is characterized by the existence of
the following:
a. Employer and employee
b. Works on the basis of
wages
c. Products or services to be
produced
d. Buying and selling of
labor power
e. Creation of utility.
2.
What is Industrial work?
Industrial
work refers to those activities in which land, labor, and capital are used to
produce goods or services that are able to create utility to customers. In
Industrial work, workers sell their labor power which the employers buy against
wages. So any work which is related to produce goods or service is included
within industrial work. Thus manufacturing, farming, teaching, banking all are
industrial work.
3.
Definition of Industrial Relations
There is
a correlation among parties related to industries. Industrial progress is
impossible without cooperation of labors and harmonious relationship.
Industrial Relation deals with individual relation and joint consultation
between employers and employees.
The term
industrial relation consists of two words-‘Industry’ and ‘Relation’. Industry
means a group of firms producing same and substitute products. On the other
hand Relation means the relationship among workers, management and government.
As a
whole industrial relation refers to the relationship between labor and
management that grow out of employment.
Views of Specialists:
Professor Dunlop Says,''
Industrial Relation defined as the complex interrelations among workers,
managers and government.''
Bishwonath Bosh Says, ''Industrial Relation is an art, the art of
living together.''
VB Shingh Says, ''Industrial
Relations is a set of functional interdependence including historical,
economical and legal variables.''
At the
end we can conclude that industrial relation includes:
1.
Relation between management and workers.
2. Relation between employers
and trade unions.
3. Relation among state,
government and union
4. Coordination among parties
to achieve desired goals.
5. Harmonious adjustment among
departments, parties and their interests.
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