A Company's management and labour union are negotiating a new three years settlement. Each party has...

 

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A Company's management and labour union are negotiating a new three years settlement. Each party has four strategies these are:- 1. Hard and aggressive bargaining approach II. Reasoning and logical Approach III. Legalistic approach IV. Conciliatory Approach The cost to the company for every pair of strategy choices are given in the table below: Union Strategies IV 20 25 40 -5 Company Strategies 15 14 2 12 CO 10 11 IV 35 10 5 0 A Company's management and labour union are negotiating a new three years settlement. Each party has four strategies these are:- 1. Hard and aggressive bargaining approach II. Reasoning and logical Approach III. Legalistic approach IV. Conciliatory Approach The cost to the company for every pair of strategy choices are given in the table below: Union Strategies IV 20 25 40 -5 Company Strategies 15 14 2 12 CO 10 11 IV 35 10 5 0

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Answer union Company Staveutofly IZL L 12 35 12... View the full answer