If There Is an Increase in the Price of Oil

question 85

Multiple Choice

If there is an increase in the price of oil, then

• A)unemployment rises.If the central bank tries to counter this increase, inflation rises.
• B)unemployment rises.If the central bank tries to counter this increase, inflation falls.
• C)unemployment falls.If the central bank tries to counter this decrease, inflation falls.
• D)unemployment falls.If the central bank tries to counter this decrease, inflation rises.

Identify and describe different conflict situations and tactics used in negotiations such as concealing information and manipulative actions.

Understand the role of selective presentation in shaping the negotiation outcomes.

Recognize the effectiveness and limitations of distributive bargaining strategies in interdependent situations.

Learn the importance of preparation and information gathering in defending against hardball tactics.

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Definitions:

Subordinate's Work

The tasks and responsibilities assigned to an employee or team member who reports to a supervisor or manager.

Decision

A choice made after consideration of options and usually involving a degree of judgment or conclusion.

Chart

A graphical representation of data designed to make the information easily understandable at a glance.

Distinctive Competition

Is the unique competitive edge or positioning that sets an entity apart from its competitors in the marketplace.