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The employees of a garment factory and its top managers get involved in a negotiation about the wages of the employees. They thoroughly examine each other's claims and come to a mutually beneficial arrangement. As per this arrangement, the employees are given a salary hike of 30 %, while they increase their productivity by 10 % thus benefiting the factory. Identify the type of negotiation in this scenario from the following.
Industrial/Organizational
A field of psychology that studies behavior in work settings, focusing on improving employee performance, motivation, and the overall health of the organization.
Subfield
A specialized area within a broader field of study, focusing on a particular subset of topics or methods.
Clinical
Pertaining to the observation and treatment of actual patients rather than theoretical or laboratory studies.
Self-Actualization
The fulfillment of maximizing one's talents and potential, understood as a natural drive or essential need shared by everyone.
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