When trying to correct an imbalance of power in a negotiation situation, which approach is best?

A. high-power parties taking power
B. third parties managing the transfer and balance of power
C. low-power parties giving power
D. All of these approaches are appropriate.


Answer: B

Business

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If you have to decline an offer of employment, what can you do to leave the door open for future opportunity?

A) Call and explain why you are not taking the job B) Call the company and explain why you don't want to work for them C) Write a sincere, tactful letter declining the job D) Write a sincere letter stating what would have made the offer more appealing E) Call and explain why the other company is a better company

Business

Information about all three manufacturing inventory accounts is required to prepare the cost of goods manufactured and sold schedule.

Answer the following statement true (T) or false (F)

Business

The International Court of Justice (ICJ) has not been an important force in resolving international business disputes. In fact, in its seven-decade history, the ICJ has heard fewer than 200 cases. Which of the following statements regarding the ICJ is NOT true?

a. Only states can be a party to litigation before the ICJ. b. The ICJ only has jurisdiction over states that have agreed to be bound by its decisions. c. The ICJ has no enforcement power. d. The U.S. has agreed to abide by ICJ jurisdiction in all cases.

Business

The four steps in the building brand equity include: (1) developing positive brand awareness and ________; (2) establishing a brand's meaning in the minds of consumers; (3) eliciting the proper consumer responses to a brand's identity and meaning; and (4) creating an intense, active, and loyal consumer-brand connection.

A. incorporating higher value in products B. an association of the brand in consumers' minds with a product class or need lowering the price of products C. easing consumers' decision making D. creating market modification

Business