How can a negotiation that begins with a negative bargaining range be resolved?
What will be an ideal response?
Negotiations that begin with a negative bargaining range are likely to stalemate. They can be resolved only if one or both parties are persuaded to change their resistance points, or if someone else forces a solution upon them that one or both parties dislike.
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All of the following are examples of identity affiliations EXCEPT
a. religious groups. b. political groups. c. civil groups. d. social groups.
Which of the following is/are true?
a. Both U.S. GAAP and IFRS provide for the option of reporting selected financial assets and financial liabilities at fair value and recognizing gains and losses in net income as fair values change. b. Once elected, the fair value option is irrevocable for the instrument to which the firm applies it. c. Both U.S. GAAP and IFRS require measurement at fair value with changes included in income for three items: (1) trading securities, (2) fair value hedges, (3) derivatives not designated as hedges. d. Firms can elect the fair value option for the following items: (1) bonds held to maturity, (2) available-for-sale securities, and (3) cash flow hedges. e. all of the above
Which of the following best describes the role of financial managers?
A) Maximization of the total market value of the firm's common stock B) Profit maximization C) Risk minimization D) None of the above
A major strength of utilitarian ethics is its flexible application
Indicate whether the statement is true or false