Please Define the Following Key Terms

question 107

Short Answer

Please define the following key terms
-Sugita Gempaku

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Definitions:

Subjective Criteria

Standards or principles based on personal feelings, tastes, or opinions rather than objective measures.

BATNA

Stands for Best Alternative To a Negotiated Agreement, the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and an agreement cannot be reached.

Negotiating Party

A negotiating party refers to an individual or group involved in discussions aimed at reaching an agreement or compromise on specific matters.

Written Agreement

A formal document in which the parties involved agree to certain terms and conditions that are put in writing.