Which of the following is true of distributive bargaining?

a. Each party gains an equal amount or an amount in proportion to its contribution.
b. Both parties aim at maximizing self-interest and grab the largest share of a resource.
c. The parties view each other as collaborators and seek mutually beneficial options.
d. Both parties consider past and future negotiations as well as the current negotiation.

b

Business

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Which of the following statements is true regarding implicit-rule cultures?

a. Expectations are clearly stated. b. A person from outside the culture can easily understand the rules of the context. c. Such cultures are often more intolerant of deviation from the rules. d. The guidelines and agenda for a meeting are announced prior to the gathering as people are generally unaware of the role each member plays. e. Rules are often understood and communicated nonverbally.

Business

______ refers to the time lag between the actual production of goods and when the goods are sold.

Fill in the blank(s) with the appropriate word(s).

Business