A secondary boycott refers to a union's effort to exert pressure on an employer by preventing the usage, purchase, or transportation of products, goods, or services related indirectly to a primary employer involved in a labor dispute.
An unauthorized strike, also known as a wildcat strike, occurs when employees cease work without the authorization of their union or outside the terms of the collective bargaining agreement. These types of strikes are typically spontaneous and are not sanctioned by the union leadership.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.