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What Is Ethics? List the Components of Good Business Ethics

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What is ethics? List the components of good business ethics?


Definitions:

Time Deadlines

Specific, predetermined dates or times by which tasks or projects must be completed.

Negotiations

The process of discussing terms to reach a mutual agreement between parties.

Collaborative Conflict

A constructive form of conflict in which parties work together to find mutually beneficial solutions to their disagreements.

Bargaining Zone Model

A framework in negotiations outlining the area between the minimum and maximum points that parties are willing to accept.

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