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In Interest-Based Negotiation,the Problem Is Defined in Terms of the Interests

question 45

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In interest-based negotiation,the problem is defined in terms of the interests - each side's needs,desires,concerns and fears - rather than the positions of each party.


Definitions:

Balance Sheet

A record that presents a summary of a business's assets, liabilities, and shareholders' equity at a given time.

Return on Assets

A financial ratio that measures the profitability of a company in relation to its total assets.

Net Income

The profit remaining after all expenses, taxes, and costs have been deducted from total revenue.

Assets

Resources owned or controlled by a business or individual that have expected future economic benefit.

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