Negotiation refers to the process that involves bringing in a third party who has the authority to act as a judge and will make a binding decision. What is this process called? a. the process that involves two people disagreeing. b. the process where a third party enters a situation with the goal of assisting the parties to reach an agreement. c. the process whereby two or more parties work toward an agreement.

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23 June, 17:47

Negotiation refers to the process that involves bringing in a third party who has the authority to act as a judge and will make a binding decision. What is this process called? a. the process that involves two people disagreeing. b. the process where a third party enters a situation with the goal of assisting the parties to reach an agreement. c. the process whereby two or more parties work toward an agreement.

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Ezra Khan · Answer 1

c. the process whereby two or more parties work toward an agreement.

Explanation:

This is the best definition of negotiation. Negotiation refers to a process in which two or more parties participate with the purpose of reaching an agreement. Although the parties know that they do not want the exact same thing, they both express their willingness to compromise. On the other hand, when the parties bring an extra person to participate in the negotiations, this is usually called arbitration.