Compromise

August 25, 2024 3 min read Definitions

Compromise: Trade-off in Management and Labor-Management Relations

Management Labor-Management Relations Compromise Trade-Off Negotiation Conflict Resolution Labor Relations

A comprehensive examination of compromise, highlighting its role as a trade-off of comparable values in management practices and labor-management relations, where each party concedes something the other finds acceptable.

August 25, 2024 3 min read Definitions

Go-Between: Intermediary Between Parties

Social Sciences Management Business Intermediary Communication Compromise Relationships Mediation

Detailed exploration of the role and functions of a go-between as an intermediary between individuals or groups, including types, examples, and historical context.

August 25, 2024 3 min read Definitions

Impasse: Definition, Examples, and Implications

Social Sciences Management Negotiations Deadlock Labor Relations Conflict Resolution Compromise

An impasse, often referred to as a deadlock, occurs when there is no movement in negotiations or decision-making processes, often due to a lack of compromise between involved parties. An example of this would be a stalemate in negotiations between an employer and a labor union.