In the context of labor and management issues, a situation in which one or both parties believe that reaching an agreement is not imminent is known as a(n) _____.

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In the context of labor and management issues, a situation in which one or both parties believe that reaching an agreement is not imminent is known as an impasse.

The organization and coordination of business activities is known as business management. Business managers supervise operations and support workers in achieving their highest levels of productivity. A manager can assist a company in achieving its operational and financial goals by supervising or training new staff.

The American Management Association came up with the greatest definition of management. It involves using other people to accomplish goals and encouraging them to cooperate. It is a challenging art, not a science, like the manufacturing or computing industries.

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