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Recall Application 3, "How the U.S. Economy has Coped with Oil Price Fluctuations," to answer the following questions:
-According to the application, surge in the price of oil was caused by the increase in the demand for oil by fast growing countries such as:
Media Relations
The practice of managing and crafting interactions and communications between an organization and the media, to shape public perception and convey strategic messages.
Negotiating Posture
refers to the stance or approach a person or group adopts in preparation for or during the process of negotiation, which can range from cooperative to confrontational.
Ground Rules
Basic guidelines or agreed-upon rules that govern behavior and procedures in a specific context or environment.
Negotiating Process
The methodical approach employed by individuals or groups to resolve differences and achieve a settlement through discussion and compromise.
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