Examlex
Factor the trinomial.
Settlement Range
The range within which an agreement is acceptable to both parties involved in a negotiation, often determined by their respective needs and interests.
Resistance Point
The least favorable outcome that a party in a negotiation is willing to accept before walking away from a deal.
Target Point
The ultimate goal or aspiration that a negotiating party aims to achieve in a negotiation process.
Traditional Bargaining
The process of negotiating terms of employment between an employer and a group of employees aimed at reaching a mutual agreement.
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