Which of the following terms best describes the process that occurs when two or more parties decide how to allocate scarce resources?
A) mediation
B) conflict management
C) negotiation
D) unionization
E) arbitration

Question

Quizplus · Accepted Answer

Negotiation is the process where parties come together and discuss to reach an agreement or compromise about how to allocate scarce resources. Mediation, conflict management, unionization, and arbitration are all related to resolving conflicts but not specifically related to the allocation of scarce resources.

Which of the Following Terms Best Describes the Process That