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3241004551 [841]
3 years ago
5

Give some four examples of trade-offs when scarce resources are used.​

Business
1 answer:
GrogVix [38]3 years ago
6 0

Answer:

You are probably used to thinking of natural resources such as titanium, oil, coal, gold, and diamonds as scarce. In fact, they are sometimes called “scarce resources” just to re-emphasize their limited availability.

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The answer and procedures of the exercise are attached in the following archives.

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The correct answer to this open question is the following.

Conduct a meeting with the client about negotiating.

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I would create the scenario in which I will be the other part he is about to negotiate with. For this to happen, I am going to explain some basic principles about negotiation and put a series of examples so he can grasp the most important ideas.

Secondly, I am going to share a handbook, or better said, a manual with important key principles of negotiation that could serve him as a guide so he can feel more confident during the negotiation process.

Finally, we are going to have at least thirty minutes to practice a real-life negotiation scenario. It is going to be something basic but real so my client can face some adversity since the beginning of the negotiation process so he can have a good idea of the importance of being fully prepared before entering the negotiating table.

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Answer: market testing      

                                     

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