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While watching TV,Traci sees a commercial in which a famous actor endorses a political candidate.This is an example of
Distributive Bargaining
A negotiation strategy in which parties strive to divide a fixed amount of resources, often resulting in a win-lose situation.
Integrative Bargaining
A negotiation strategy focused on finding mutually beneficial agreements, where parties look for solutions that satisfy the interests of all involved rather than competing for limited resources.
Target Settlement
A predetermined objective or outcome that parties aim to achieve through negotiations or bargaining processes, often used in the context of labor agreements.
Resistance Points
The maximum or minimum terms each party in a negotiation is willing to accept before ending discussions.
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