Question: What are the objectives and importance of IR ?

Answer:

Objective of IR :

01. Develop good relation                         

02. Industrial peace

03. Safeguard of employee                         

04. Interest of labor and organization.                                                                               

05. Democracy                                            

06. Economic development.       

07. Sustainable growth. 

Importance of IR :

01. To help the economic development of the country.

02. To help management both in the formulation of labor practice and in their  transition into action.

03. To help management in making laws and regulation of the interest of  employee.

04. To encourage collective bargaining as a means of self-regulation.

Principle of IR

1. Conceptual  model of an organization
2. The good environment of an organization
3. The fixation of possibilities to achieve goals
4. The mixture of cooperation and conflict