Examlex
Which of the following statements about basic and applied research is true?
Bargaining Zone
The range within which an agreement is reachable during negotiations, bounded by the minimum and maximum limits of both parties.
Agreement
A mutual understanding or arrangement between two or more parties, often formalized in a contract or verbal commitment.
No Deal
A situation where negotiation or discussion does not result in an agreement or outcome.
Negotiation Gap
The difference between the initial positions or demands of negotiating parties, which needs to be bridged to reach an agreement.
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