The Major Difference Between Interval Scale Measurement and Ratio Scale

question 6

Multiple Choice

The major difference between interval scale measurement and ratio scale measurement is

• A) rank order.
• B) equal distance between the categories of response.
• C) zero point.
• D) absolute meaning of zero.

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Definitions:

Sequential Bargaining

a negotiation strategy where discussions and agreements on multiple issues occur in a specific sequence, rather than simultaneously.

Pattern Bargaining

A labor negotiation strategy where a union establishes contract terms with one employer and then seeks to apply those terms to negotiations with other employers in the same industry.

Decentralization

The process of distributing or dispersing functions, powers, people, or things away from a central location or authority.

Bargaining Leverage

The power or advantage one party has to influence the terms and conditions of a negotiation in their favor, often derived from one's position, resources, or alternatives.