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Refer to the Scenario Below to Answer the Following Questions

question 52

Multiple Choice

Refer to the scenario below to answer the following questions.
Manny's Many Conflicts (Scenario)
Manny Gill is reflecting on several recent conflicts and how they were resolved. At work, he has spent weeks of careful negotiations with the labour union representing most of his workers. The previous round of negotiations had not gone well, and Manny saw an opportunity to try to mend the relationship between labour and management. In the end, both sides had to give up some of their demands in order to achieve a settlement before the current agreement expired. However, Manny was not about to give up any ground on his dispute with the production manager over the latest budget allocation. His position may not be popular, but Manny knew he was right! Then there was his brief encounter with Jeff, who complained that Sherry kept leaving the photocopier tray empty. Manny did not have time to deal with such squabbles, so he told Jeff to sort it out with Sherry directly. At home, he was hoping to catch the game on TV last night, but his wife wanted to watch a light romantic comedy instead. Manny agreed to watch the movie with her since it really seemed to be important to her. Besides, he could always catch the game highlights on the news at eleven!
-Which conflict-resolution technique was ultimately used to achieve a settlement in the labour negotiation?

Definitions:

Price Elasticity

An assessment of the extent to which the demand or supply of a product shifts following a price adjustment.

Total Amount

The complete sum or quantity of something, often referring to money, goods, or services.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to a stable market condition.

Supply Shift

A change in the quantity of a good or service that suppliers are willing and able to sell at a given price, due to factors other than price itself.