OPERATIONS MANAGEMENT(LL)-W/CONNECT
OPERATIONS MANAGEMENT(LL)-W/CONNECT
13th Edition
ISBN: 9781260676310
Author: Stevenson
Publisher: MCG
Question
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Chapter 1.6, Problem 1RQ
Summary Introduction

Case summary:

The case deals about the importance of the manufacturing sector. The employment opportunities and development of the service sector does not mean that the manufacturing sector is not important to the economy. Technological innovation and outsourcing decreases the employment opportunity in the manufacturing sector.

The case strongly states that manufacturing sector is the source of innovation and the innovation would generate job in the future.

To determine: The importance of losing manufacturing jobs to the nation.

Expert Solution & Answer
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Explanation of Solution

The importance of losing manufacturing jobs to the nation is as follows:

Service sectors are important for many countries, as more than 70 percent of the employment opportunities of the countries is depends on the raise of service based industries. It continues to increase in future. Hence, service sector is crucial.

However, the improvement of service sector is based on the manufacturing sector, as the service sector is the dependent of manufacturing sector directly and indirectly. In addition to that, manufacturing sectors holds the large percentage of exports.

Losses of manufacturing jobs would result in loss of service jobs.

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Negotiators can gain several benefits from using the strategy of multiple equivalent simultaneous offers. By offering multiple options it reduces the chance of rejection. It also improves the chances of reaching reaching an agreement. By presenting multiple offers, it shows you are flexible.  agree with the post
Negotiators can gain several benefits from using the strategy of multiple equivalent simultaneous offers. By offering multiple options it reduces the chance of rejection. It also improves the chances of reaching reaching an agreement. By presenting multiple offers, it shows you are flexible.  disagree with this post or add on to the post
The strategy of Multiple Equivalent Simultaneous Offers involves presenting several equally valuable options to the other party during negotiations. This approach benefits negotiators by creating flexibility and increasing the chances of finding a mutually agreeable solution. By offering multiple options, negotiators show that they are open to compromise, which can build trust and make the negotiation process smoother. It also helps avoid getting stuck on one issue, as the other party can choose from several alternatives that meet their needs. In my experience, using MESOs in a work negotiation helped both parties reach an agreement more quickly because each option was carefully thought out to address different needs, and this made it easier for us to settle on one that worked for both sides. This strategy can also reveal what is most important to the other party, helping negotiators understand their priorities better. agree or disagree with the post
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