What is known as the ideal outcome of a negotiation that benefits everyone involved?

A win-win solution is the ideal outcome of a negotiation as it represents a scenario in which all parties gain benefits and feel satisfied with the agreement reached. This approach fosters cooperation and builds positive relationships between negotiators, as each party's needs and interests are considered and met to some extent.

In contrast, while terms like "mutual interest solution" and "balanced resolution" may imply fairness or benefit-sharing, they do not specifically capture the essence of a negotiation where all parties leave feeling that they have won or achieved their goals. A consensus decision typically refers to a situation where agreement is reached among all parties, but it may not always guarantee that every individual's objectives are fully met. A win-win solution, therefore, distinctly emphasizes the successful achievement of mutual benefits, which is the hallmark of effective negotiation.