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Lavell Corporation reported the following data for the month of February:
-The total manufacturing cost for February was:
Distributive Bargaining
A negotiation strategy in which one party's gain is the other party's loss, focusing on dividing a limited amount of resources.
Resistance Point
The least favorable outcome a negotiator is willing to accept before opting out of the negotiation.
Alternatives
Other possible options or courses of action that can be taken when the first choice is undesirable or not possible.
Negotiations
A series of discussions and exchanges between parties with differing objectives, aimed at reaching a consensus or settlement that is acceptable to all involved.
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