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Noah, the owner of an electronics factory, decides to raise the wages of his workers even though he faces an excess supply of labor. His decision
Expanding the Pie
A negotiation strategy aimed at increasing the available resources or options so that all parties can achieve more favorable outcomes.
Scarce Resources
Economic or environmental term referring to limited availability of resources that are desired or needed.
Conflict Structure
The underlying framework or pattern of relationships, interests, and power dynamics that characterize a conflict.
Hiring a Mediator
The act of engaging an impartial third party to facilitate the resolution of a dispute between conflicting parties.
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