Collective bargaining is the process by which:

a. Walmart bargains with all the firms to keep their prices low for products sold in Walmart stores

b. HR in organization bargains with benefit providers to keep the collective benefits such as healthcare costs as low as possible

c. The process in which unions bargain with employers to establish wages and working conditions in the workplace d. The ways in which governments from underdeveloped countries bargain with UN to receive more aid for their industries and growth