The Next Best Option Is Called ____

question 29

Multiple Choice

The next best option is called ____.

• A) negotiation standard (NS)
• B) the alternative (A)
• C) the best alternative to a negotiated agreement (BANTA)
• D) the 2nd level negotiation (2NDLN)

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Definitions:

Self-Serving Bias

A common cognitive bias that causes individuals to attribute positive outcomes to their own characteristics and negative outcomes to external factors.

Fundamental Attribution Error

A cognitive bias that leads people to overemphasize personal traits and underestimate situational factors when explaining others' behaviors.

Self-Serving Bias

A cognitive bias that involves attributing successes to internal factors and failures to external factors to maintain self-esteem.

Penalty Shot

A free shot granted as a result of a violation of rules, specifically in sports like soccer and hockey, with only the shooter and goalkeeper involved in the attempt.