Mark, the Business Head of a Firm, Wanted to Give

question 61

Multiple Choice

Mark, the business head of a firm, wanted to give New Year's gifts to his employees. He discussed with his colleagues and decided to gift office leather bags. Mark stated that he did not want to give cheap bags, while a few employees said that they did not want exorbitantly priced designer name bags. Identify the step of added-value negotiation used in this situation.

• A)Clarify interests
• B)Identify options
• C)Design alternative deal packages
• D)Select a deal
• E)Perfect the deal

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Definitions:

Strict Liability

A legal principle that holds a party responsible for damages or losses, regardless of fault or intent.

Regulated Activity

Actions or operations subject to oversight and control by governmental or authoritative bodies to ensure compliance with laws and regulations.

Duty to Aid

The legal or moral obligation to provide assistance to a person in distress, under certain circumstances, without causing harm to oneself.

Divers in Peril

A phrase likely describing a situation where divers face significant danger or risk, typically underwater.