Steven, the Legal Representative of a Company Entering into a Joint

question 1

Multiple Choice

Steven, the legal representative of a company entering into a joint venture with another firm, formulates an agreement after discussions with his counteparts. The agreement is such that both companies are satisfied and stand to gain from the joint venture. The given example shows the _____ style of conflict management.

• A) accommodative
• B) competitive
• C) collaborative
• D) avoidant

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Definitions:

World Trade Organization

An international organization that deals with the global rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

International Trade Disputes

Conflicts that arise between countries or businesses in different countries regarding the exchange of goods, services, and intellectual property.

Trade Negotiations

The process where countries or organizations discuss and agree on the terms of trade between them, including tariffs and trade barriers.

Distributor

An entity that buys products in bulk from manufacturers and sells them to retailers or directly to consumers.