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Working in the voluntary sector
Working in the voluntary sector

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Glossary

Thursday, 10 October 2024, 5:41 AM
Site: Open Learning
Course: Working in the voluntary sector (VOLB_2)
Glossary: Glossary
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negotiation

In the context of meetings or relationships at work, this relates to discussions that aim to reach agreement, often through compromise.

notional

A notional cost (expenditure) is a hidden cost, e.g. buying a new piece of equipment creates an actual cost but then there may be additional costs in training people to use it.