The decision-making situation in which two or more interdependent parties attempt to reach an agreement refers to:
A)conflict resolution.
B)bargaining.
C)dialogue.
D)mediation.
E)negotiation.

Question

Quizplus · Accepted Answer

The situation described is negotiation, where parties try to come to a mutual agreement on a specific issue while acknowledging interdependence. Conflict resolution may involve negotiation, but it encompasses a broader range of techniques to address and resolve conflicts. Bargaining is a subset of negotiation that focuses on the exchange of offers and counteroffers. Dialogue refers to a conversation or discussion between two or more people without necessarily involving an attempt to reach an agreement. Mediation involves a third party facilitating a negotiation between two or more parties.

The Decision-Making Situation in Which Two or More Interdependent Parties