You are interested in purchasing a speedboat on sale for $35,000. You make an offer of $29,500, thereby using the negotiating tactic,
A) begin with a plausible demand or offer, yet allow room for negotiation.
B) compromise.
C) make small concessions gradually.
D) know your best alternative to a negotiated agreement.
Answer: A
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Differentiate between three types of social issues: generic, value chain, and social dimensions of competitive context.
What will be an ideal response?
The term "golden parachute" refers to
A. financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it. B. managers of a firm involved in a hostile takeover approaching a third party about making the acquisition. C. pay given to executives fired because of a takeover. D. a clause requiring that huge dividend payments be made upon takeover.
Which of the following situations is not one where the practitioner will modify the standard compilation report?
a. There is an omission of disclosures for the compilation. b. A compilation report is not required c. The practitioner lacks independence. d. An understanding of internal controls cannot be obtained.
The budgeted direct materials purchases is normally computed as the sum of (1 ) the materials for production and (2 ) the desired ending inventory
Indicate whether the statement is true or false