What Statement About Concessions Is False

question 48

Multiple Choice

What statement about concessions is false?

• A) Concessions are central to negotiations.
• B) Concession is another word for adjustments in position.
• C) Concession making exposes the concession maker to some risk.
• D) Reciprocating concessions is a haphazard process.
• E) all of the answers are correct

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Definitions:

Financial Planning

The process of estimating the capital required and determining its competition; it is the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them, often involving planning and resource allocation.

Synergy

Notion that a combined firm is worth more than the two firms are individually.

Merger

Agreement in which two or more firms combine to form one company.