A Dispute Is Best Defined as a Situation in Which

question 2

Multiple Choice

A dispute is best defined as a situation in which:

• A)parties have to resort to their BATNA's
• B)parties fail to exchange resources
• C)a claim is made by one party and rejected by the other party
• D)negotiators turn down favors and rewards from others

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Definitions:

Minimize Exposure

Taking steps to limit one's contact with potentially hazardous substances or situations to reduce risk of harm.

Negative Outcomes

Undesirable or harmful results or effects stemming from an action, decision, or situation.

Quality Procedures

Standardized methods and practices designed to ensure that products or services meet prescribed standards of quality.

Petty Cash Fund

A small amount of cash on hand used for covering minor expenses in an organization.