Explain the Difference Between Maximum and Minimum Cardinality

question 50

Essay

Explain the difference between maximum and minimum cardinality.

Explain the concept of perception and its significance in negotiation.

Understand the application and consequences of the availability bias in negotiations.

Grasp theories related to risk perceptions and their implications for framing in negotiations.

Understand how perceptual distortions, such as generalization and stereotyping, affect negotiation dynamics and strategies.

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Definitions:

Internal

Pertaining to or happening within an entity, often used in contrast with external factors or influences.

External

refers to something situated on the outside, or beyond the internal or personal; in psychology, it often pertains to factors or influences that originate outside the individual.

Attitudes

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.

Intention

A mental state involving commitment to carrying out an action or actions in the future.