Asked by Ryane Smalley on Jul 22, 2024
Verified
In the Change Competency: "GM and UAW Negotiate for Mutual Survival," the collapse of the US auto market
A) was not a concern in the negotiations.
B) made it easier for the union to get the resolution they wanted.
C) caused a need for a second negotiation as the company's financial situation had changed drastically.
D) gave GM leverage to control the negotiations because the worker needed jobs more than ever as a result of the financial climate.
Auto Market
The global industry involved in the manufacture, distribution, and sale of motor vehicles.
Financial Situation
The state of one's economic resources and obligations, including income, expenses, debts, and assets.
Mutual Survival
A concept emphasizing the interdependence of entities in ensuring their collective existence or success.
- Recognize the impact of external factors, such as market conditions, on negotiation strategies.
Verified Answer
Learning Objectives
- Recognize the impact of external factors, such as market conditions, on negotiation strategies.
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