Match the key terms with its description on the right political economy. view of industrial relations that stresses the role of inherent conflict between labour and management. Power. the ability to make someone agree to your terms. precarious employment. employment with limited security lower wages and less protection. Seniority. the length of time a person has been a member of the union. Strategies. processes developed and implemented to achieve goals. Strike. an action by workers in which they cease to perform work duties and do not report to work. Union. a group of workers recognized by law who collectively negotiate terms and conditions of employment with their employer. value