Why Do Negotiators Need to Manage the Paradox Between Sticking

question 27

Essay

Why do negotiators need to manage the paradox between sticking with their prepared strategy and pursuing a new opportunity that arises during the process?

---

Definitions:

Structural Unemployment

Unemployment caused by a mismatch between the skills or locations of job seekers and the requirements or locations of available jobs.

Full Employment

An instance in which all obtainable labor forces are deployed in the most economically advantageous way.

Consumer Price Index

An indicator of inflation that looks at the weighted average costs of a collection of consumer goods and services.

Savers

Individuals or entities that set aside funds rather than spending them, typically to accumulate wealth for future use.