Final answer:
Conflict is the process that begins when one party perceives another as frustrating their concerns. In politics, this is often resolved through bargaining, where parties negotiate to reach an agreement or maintain the status quo. Mediation and negotiation are also methods used to resolve conflicts.
Step-by-step explanation:
The process which begins when one party perceives that the other has frustrated, or is about to frustrate, some concern of his is known as conflict. In the context of politics, conflicts over resource allocation and values are often resolved through bargaining, which is an attempt to resolve such conflicts by engaging in negotiations concerning the existing set of circumstances. Political bargaining often involves three potential outcomes: reaching an agreement, maintaining the status quo due to a failure to agree, or the collapse of negotiations when parties are unwilling to compromise.
It is important to note that other processes such as mediation and negotiation can also play a role in resolving conflicts, but they are distinct from the act of conflict itself. Mediation involves a neutral third party facilitating a resolution between conflicting parties, while negotiation is the process by which parties directly involved in the conflict try to reach an agreement.