4/4 MGT Class Flashcards

1
Q

negotiation

A

true

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2
Q

distributive bargaining/positional bargaining

A

bargaining back and forth from the buyer to the seller, talking about it changes price
Strong on affect

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3
Q

integrating bargaining

A

actually trying to determine the value of the item in question

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4
Q

dealers aspiration point

A

highest point the dealer would like to get

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5
Q

Your aspiration point

A

is the price you want to get it at

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6
Q

Batina

A

the point that is the lowest for the dealer that he will go

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7
Q

your batina

A

the point that is the very highest or the farthest you can go

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8
Q

settlement point

A

point between yours and the dealers batina

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9
Q

positional bargaining

A
  1. ?
  2. identify your interest
  3. create as many alternatives as possible
  4. criteria - what do we mean by successful.
  5. batina
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10
Q

be prepared

A

it helps your negotiation

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