__________ is the process of making joint decisions when the parties involved have different preferences.

Question

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Negotiation involves a discussion between parties to reach a mutually beneficial agreement, even if they have different preferences or interests. Coalition involves forming a group to achieve a shared goal, but it does not necessarily involve decision-making with different preferences. Collaboration involves working together towards a common goal, but it does not necessarily involve making joint decisions with differing preferences. Collective bargaining is a negotiation between employers and employees or their representatives, usually related to labor unions. Management by objectives is a management strategy focused on setting specific goals and regularly reviewing progress towards achieving them, but it is not necessarily related to decision-making with differing preferences.

__________ Is the Process of Making Joint Decisions When the Parties