Question: A negotiation situation that allows for value creation (or expanding the pie) for both parties involved is referred to as ___________. A. Distributive B. Functional
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A negotiation situation that allows for value creation (or expanding the pie) for both parties involved is referred to as ___________.
A. Distributive
B. Functional
C. Dialectic
D. Integrative
E. Alternative dispute resolution
Which of the following is true about first offers?
| A. | When negotiation processes are complex and last longer, there is little relationship between first offers and final prices | |
| B. | If someone else makes the first offer, it is best to sit on it for a while and let them think that you are seriously considering it | |
| C. | It is important to be the one that makes the first offer, even in situations where you dont have any basis for making an offer | |
| D. | Although having someone accept your first offer may lead to better outcomes for you, it is rather dissatisfying |
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