What is the intermediary area between the two sets of proposals wherein both parties would rather settle than undertake a strike or lockout called?
A) The collective agreement
B) The bargaining zone
C) The zone of agreement
D) The memorandum of settlement

Question

Quizplus · Accepted Answer

The zone of agreement refers to the range within negotiations where both parties find it more beneficial to reach a settlement than to not agree, which could lead to actions like strikes or lockouts. This term accurately describes the intermediary area where the terms proposed by both sides overlap in a way that is acceptable to both, making it possible to avoid conflict and come to a mutual agreement.

What Is the Intermediary Area Between the Two Sets of Proposals