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0 Franklin and his boss Jerry cannot determine an appropriate salary for Franklin. They hire an outside person, who is an expert on salaries to
Franklin and his boss Jerry cannot determine an appropriate salary for Franklin. They hire an outside person, who is an expert on salaries to help them. Franklin indicates his preferred salary, and Jerry indicates the salary he would prefer to pay. The outside person chooses one of the salaries, and the decision is binding on Franklin and Jerry. Which of the following techniques was used? A Expert binding mediation B External binding negotiation C Binding arbitration D Expert binding negotiation
Franklin and his boss Jerry cannot determine an appropriate salary for Franklin. They hire an outside person, who is an expert on salaries to help them. Franklin indicates his preferred salary, and Jerry indicates the salary he would prefer to pay. The outside person chooses one of the salaries, and the decision is binding on Franklin and Jerry. Which of the following techniques was used?
A Expert binding mediation
B External binding negotiation
C Binding arbitration
D Expert binding negotiation
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