Answer:
Option B, Representatives of unions and companies negotiate new labor contracts, is the right answer.
Explanation:
A process through which the representative of the labor union bargains with the group of employees on various issues such as working conditions, salaries, compensation and rights for workers, and other benefits of workers, is known as collective bargaining. The collective agreements that both these groups reach following negotiations generally fix working hours, wage scale, training, overtime, health and safety and to participate in the affairs of the company.
