Questions

The main parties involved in the IR system are: 

i.) Employers – They are the ones who possess the rights to hire the employees and remove them. They also possess the rights to relocate, close or merge the business. They can opt for technological changes as and when they see it in the interest of business. 

ii.) Employees – They are actually the ones who keep the business moving. They possess the rights to voice their opinions and feelings while striving for betterment. They usually form the unions to negotiate with the employers.

iii.) Government – Government is the one who influences the IR system with laws, rules, agreements, awards of court etc. They also include third parties & labour and tribunal courts to manage the IR system.

The simplest form of matter that has a unique set of properties and is cannot be broken down into simpler substances by chemical means is called an Element.

An Atom is the simplest form of an element.

The simplest form of some elements is a Molecule. When an element consists of two identical atoms it is called a diatomic molecule.

A substance that contains two or more elements chemically combined in a fixed proportion is called a Compound.