Correct Answer: Correct answer is: (D) High Productivity, Peace and Profit.
Exam Relevance: UPSC, SSC, MBA Entrance Exams
Difficulty: Moderate
Concept notes: Industrial disputes typically lead to negative outcomes for organizations, such as decreased productivity, increased labor turnover, and higher absenteeism. High productivity, peace, and profit are not typical effects of industrial disputes.
Common Mistakes: Students may mistakenly believe that industrial disputes can lead to positive outcomes, such as increased productivity, due to a misunderstanding of the negative impacts of such disputes.
Explanations: Industrial disputes are characterized by conflicts between employers and employees, often resulting in strikes, lockouts, and other forms of work stoppages. These conflicts typically lead to decreased productivity, increased labor turnover, and higher absenteeism. High productivity, peace, and profit are not typical outcomes of industrial disputes, as these disputes generally disrupt normal operations and create an environment of tension and conflict.
Option Analysis: - Option A: High Labour Turnover is a common effect of industrial disputes as employees may leave due to dissatisfaction or conflict.
- Option B: Higher rate of Absenteeism is also a typical effect as employees may avoid work due to disputes or strikes.
- Option C: Higher rate of Man-days lost is a direct consequence of work stoppages and strikes during industrial disputes.
- Option D: High Productivity, Peace and Profit are not typical effects of industrial disputes, as these disputes generally lead to negative outcomes for the organization.