Final answer:
Collective bargaining is the process in which management and workers negotiate over wages and working conditions.
Step-by-step explanation:
The process whereby representatives of management and workers negotiate over wages, hours, and other terms and conditions of employment is called collective bargaining.
Collective bargaining is a process of negotiations in which the employer and union meet to work out a mutually agreeable set of terms and conditions for the workforce. It is a key mechanism through which labor unions seek to improve working conditions, wages, and benefits for their members.