Final answer:
The term that describes the ability to understand and manage one's own and others' emotions, read interpersonal situations, and respond sensitively is called emotional intelligence.
Step-by-step explanation:
The term that refers to a person's ability to read and respond sensitively to interpersonal situations, as well as manage feelings effectively, is known as emotional intelligence. Emotional intelligence is a critical aspect of social interaction, encompassing the ability to understand and manage our own emotions, as well as recognizing and influencing the emotions of others. It is closely related to one's social skills, empathy, self-regulation, and the capacity for cognitive empathy, which allows individuals to take the perspective of others and engage in effective social problem solving.
Understanding emotional intelligence is fundamental in fostering effective communication methods, whether in personal relationships, education, or the workplace. Individuals with high emotional intelligence are often adept at navigating complex social environments and maintaining positive interpersonal relationships. This understanding contributes to the success in various life domains, surpassing the predictive power of traditional IQ in certain instances.