Measurement of Tact Necessary to Prevent Industrial Disputes Leading to Loss of Productivity with Reference to Industries in South Bengal

Devapriya Chatterjee

Abstract


Industrial Disputes cause loss of productivity and decrease of profit, tending towards huge losses. It is, therefore, necessary to establish a benchmark level of tact or skill, that is required to ensure the prevention of Industrial Disputes. The benchmark level could be an empirical formula, or a model, or a set of regulatory data, that would be required to be satisfied. The procedure to be followed, requires a set of working hypothesis, a set of actual data collected from the industry, analyses of the data, results of the statistical tests of the data, and establishing an optimum model of tact, that would help deriving the set of regulatory data.

Keywords: Benchmark, Tact, Model, Regulatory, Hypothesis


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