Economy
what economics study?
how people satisfy unlimited needs using limited resourses
What is a dialogue between two or more parties to resolve points of difference, gain an advantage for an individual or collective, or craft outcomes to satisfy various interests.
Negotiation
Who is known as “The fastest man in the world”?
Usain Bolt
White marble mausoleum located in India
Taj Mahal
Who was the founder of the Mughal Empire in India?
Babur
what is the willingness and ability of consumers to purchase goods or services at a certain price?
demand
Which negotiation type involves cooperation to create value for both sides?
Integrative negotiation
Who is known as “The Greatest” in boxing history?
Muhammad Ali
Famous iron lattice tower located in Paris
Eiffel tower
Which empire built the Great Wall of China?
The Qin Dynasty in 3rd century
what is long-term increase in the general price level?
inflation
n which stage of negotiation do parties present their positions and arguments?
Discussion
Which country has won the most FIFA World Cups?
Brazil
The longest wall in the world
Great wall of china
Country nicknamed "the empire on which the sun never sets"
United Kingdom
what is monopoly?
is a market structure where a single seller dominates the market.
What is the main goal of negotiation?
To achieve a win-win outcome
Which sport uses the term “birdie” and “eagle”?
Golf
Ancient city carved into rock in Jordan
Petra
Which planet is known as the Red Planet?
Mars
What is the market value of all final goods and services produced within a country during a specific period.
GDP (Gross Domestic Products)
What is the most advantageous course of action a party can take if negotiations fail and no agreement is reached?
BATNA (best alternative to a negotiated argument)
Who is the all-time top scorer in FIFA World Cup history?
Miroslav Klose
Inca city built on a mountain ridge in Peru
Machu Picchu
Who invented the World Wide Web?
Tim Berners-Lee