Question

What term refers to the process in which two or more parties make offers, counteroffers, and concessions in order to reach an agreement?

a. integration
b. distribution
c. negotiation
d. conflict
e. none of these

Answer 1

C, negotiation

Step-by-step explanation:

Negotiation according to oxford dictionary is a discussion aimed at reaching an agreement. It means that before an agreement is reached, a lot of talking has to happen in order to arrive at the best situation for all parties.

In business, negotiation is involves parties making offers, conter offers over amd over till a conclusion is reached that works fine for all parties and necessary documents are exchanged.

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