Define Distributive Bargaining

question 44

Essay

Define distributive bargaining.

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Definitions:

Subcontracting

The practice of assigning part of the obligations and tasks under a contract to another party, often to specialize in particular tasks or save on costs.

Inventory

Describes the goods and materials that a business holds for the ultimate goal of resale or production.

Overtime

Additional hours worked beyond the standard working hours, often resulting in higher pay rates.

Master Production Schedule

A plan for the production of individual items at specific times in the future.