Which of the Following Statements Is True of Collaborating and Compromising

question 19

Multiple Choice

Which of the following statements is true of collaborating and compromising?

• A) They are essentially the same thing, since both parties give ground to end the conflict.
• B) Compromise requires all parties to be committed to the solution, whereas collaborating recognises that that neither party will be fully satisfied.
• C) Collaborating is likely to resolve a conflict more rapidly than compromising.
• D) Collaborating is an effective way of finding a temporary, short-term solution, while compromise requires further discussion.
• E) Compromise may resolve a conflict more rapidly than collaboration, but may not be as effective, because it does not explore the issues in as much depth.

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Definitions:

Consumer Surplus

The gap between the total sum consumers are prepared and financially able to spend on a good or service and the sum they actually spend.

Legal

Pertaining to or conforming to the laws of a country or the legality of a situation or activity.

Efficient Output Level

The quantity of output at which a firm's average total cost is minimized.

Units

Basic quantities or measurements used as a standard to express the amount, level, or size of something.