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During which phase of the negotiation process do the parties exchange their initial proposals or demands?
Independent Decisions
Choices or judgments made autonomously, without the influence or direction from others, emphasizing self-reliance and personal judgment.
International Operations
Business activities that involve managing production, distribution, marketing, or any other functions across different countries.
Compensation Manager
A professional responsible for developing and implementing an organization's compensation strategy, including salaries, benefits, and bonuses.
Multidomestic Firm
A company that operates in multiple countries, tailoring strategies, products, and operations to each local environment.
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