Asked by
Moses Motsamai
on Nov 06, 2024Verified
The negotiations between the management and the union members of a telecommunications company have been going on for four months. However, both parties have been unable to agree on a contract. They now feel that reaching an agreement is not imminent. In this case, the management and the union members have reached:
A) their target point.
B) their resistance point.
C) a lockout.
D) an impasse.
Resistance Point
In negotiations, the resistance point is the worst outcome that a party is willing to accept before walking away from the negotiation table.
Target Point
A pre-determined objective or value that serves as a reference for performance or negotiation.
Impasse
A situation in negotiation where no progress can be made or no advancement is possible.
- Distinguish and describe the essential theories and stages pertinent to labor negotiations and collective bargaining.
Verified Answer
KG
Learning Objectives
- Distinguish and describe the essential theories and stages pertinent to labor negotiations and collective bargaining.