Which of the Following Statements About Negotiation Teams Is True

question 84

Multiple Choice

Which of the following statements about negotiation teams is true?

• A)Generally, the selling team should try to outnumber the buying team.
• B)Because of the interaction among team members, individual creativity is stifled.
• C)Increasing the number of team members increases the chance for a "stupid" mistake.
• D)The more people involved on each side, the better, since there will be less reason for someone to delay decision making due to the need for a missing person's input.
• E)Each team member should have a defined role in the session.

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Definitions:

Disbursements

Payments made by a business, including expenses, cash distributions to shareholders, or investments.

Financing

The act of supplying capital for company operations, acquisitions, or investment activities.

Collections from Customers

The process or total amount of money received from customers in payment for sales of goods or services.

Cash Collected

The total amount of cash received by a company during a specific period.