Examlex
On average, a major earthquake (Richter scale 6.0 or above) occurs 3 times a decade in a certain California county. What is the probability that less than six months will pass before the next earthquake?
Union Leader
An individual who represents and defends the interests of a group of workers, helping to negotiate terms of employment such as wages and working conditions with employers.
Strategic View
An approach to decision-making that considers the long-term direction and implications of actions taken by an organization.
Bargaining
The negotiation process between two or more parties to reach a mutually acceptable agreement.
Game Theory
A theoretical framework for conceiving social situations among competing players, in which the outcome of a participant's choice of action depends critically on the actions of other participants.
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