Six Sigma Black Belt

Category - Black Belt

Interest-based bargaining is an effective tool in conflict resolution because:
  1. it reduces interest rates for short-term loans
  2. it protects the interests of paying clients
  3. it maximizes the interests of banks
  4. it provides a solution that is in everybody’s interests
Explanation
Answer: D - Interest-based bargaining is an effective tool in conflict resolution because it provides a solution that is in everybody’s interests.

Key Takeaway: Conflict resolution tools available to Black Belt practitioners must provide problem-solving outcomes. Interest-based bargaining is one such tool that structures problems and solutions in such a manner that all parties involved understand each other’s views. Once they have understood each other’s views, they can reach a resolution to the conflict that takes into account everybody’s interests.
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