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footloose knowledge (03)<br />Technical knowledge not specific to any production process and which is interchangeable between industries.<br /><em>See also:</em> locked-in knowledge
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bargaining unit (15)<br />The group of US workers represented by a labour union. The rules for the boundaries of the unit have been devised by the NATIONAL LABOR RELATIONS BOARD under the provision of the WAGNER and TAFT HARTLEY ACTS with a view to making them homogeneous units which reflect local needs and further COLLECTIVE BARGAINING.
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M3c (E4)<br />STERLING M3 plus private sector holdings of foreign currency bank deposits ('c' refers to the currency assets included).
exit-voice (DO)<br />A distinction used to classify the physical or verbal methods individuals use to reveal their preferences. 'Voice' can take the form of voting (as in democratic politics) or complaints (as under grievance procedures); 'exit' is movement away from a less desired situation, e.g. a particular employment, region or country. 'Exitvoice' can be applied to collective or individual choice.<br /><em>See also:</em> Tiebout hypothesis <br /><em>Reference</em><br />Hirschman, A.O. (1970) Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States, Cambridge MA: Harvard University Press.
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