This document discusses approaches to industrial relations. It defines industrial relations as the relationships between employers and employees in an industry. The three main approaches to industrial relations discussed are the unitary approach, which views employer and employee interests as united, the pluralistic approach, which sees different interests that can be balanced, and the Marxist approach, which views relations as inherently conflictual due to differences in class interests. The document also outlines objectives, importance, roles of key actors, and factors affecting employee relations strategies in industries.