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BUS 526 Assignment 2 Conflict Resolution
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Negotiation Process When entering negotiations whether it’s for a major company, employee to management, making a major purchase, just between friends it’s important each party knows what they want and if they are willing to compromise. Having this knowledge ahead of time could help to resolve any conflict that may come up. In the case of the United Auto Workers (UAW) they went on strike because their current pay, health insurance premiums, and retirement benefits that all temporary and permanent employees were receiving. With the strike is could “cost General Motors (GM) about $50 million a day in earnings before interest and taxes due to lost production” (UAW Strike, 2019).
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