If Parties Cannot Come to a Resolution, What Action Should

question 45

Multiple Choice

If parties cannot come to a resolution, what action should they take?

• A)Remove the other party from the list of business partners.
• B)Analyze the situation and determine how you can improve in the future.
• C)Look for ways to avoid negotiating in the future.
• D)Continue looking for a solution.

---

Definitions:

Selling

Activities or processes involved in promoting and exchanging goods or services for money, including marketing and negotiation.

Administrative

Relates to the daily operations and management tasks within an organization, including paperwork and office procedures.

Fixed Cost Element

A cost that does not vary with the level of production or sales, such as rent, salaries, and insurance expenses.

Mixed Cost

A cost that contains both fixed and variable components and changes with the level of activity, but not proportionately.