Gabby is a negotiator for an employer. She prepares for negotiations with the union representative and they sit down to bargain. After a few minutes, she realizes that the union's goals and her goals are in opposition. She realizes that she is involved in
a. interest based bargaining.
b. distributive bargaining.
c. integrative bargaining.
d. procedural bargaining.
Ans: b. distributive bargaining.
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Opportunity cost is the benefit ________
A) received by selling goods on behalf of another division B) received by selling goods to one of the other divisions within the company C) given up by purchasing goods at a price lower than its total manufacturing cost D) given up by choosing an alternate course of action
A, b and c bought 640 acres of land with equal and undevided interest. A and B were brokers, and C was not. A and B were frequent business partners but decided to let C handle the resale of the tract. C had very little experience but was able to find a buyer willing to pay a good price. Because of this, A and B decided to give C 40% of the profit and divide equally the balance of the profit. Which applies?
A. C can do this if C is an attorney B. C can do this because A and B are brokers C. Fs 475 has been violated D. Since C is selling C's own land , C does not have to be registered