Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Enterprise marketing

Question:
An employer and labour union are negotiating the details of an employee pension and investment plan. Small details are addressed one at a time. Which type of negotiations are being held in such a situation?
Options:
Distributive
Integrative
Deductive
Inductive
Correct Answer:
Inductive
Explanation:
The inductive method involves starting on small details and working upward until a settlement is reached. This can be the case where, for example, an employer and labour union are negotiating the details of an employee pension and investment plan. Small details are addressed one at a time.