How To Bargain Hard While Maintaining Relationship? Flashcards
What is the primary goal of hard bargaining?
To achieve the best possible outcome for oneself.
True or False: Maintaining a relationship is less important than winning in a hard bargain.
False
Fill in the blank: In hard bargaining, it is crucial to _____ the other party’s interests.
understand
What strategy can help maintain relationships during hard bargaining?
Active listening.
What should you focus on to create value in negotiations?
Common interests.
What is the ‘BATNA’ in negotiation?
Best Alternative to a Negotiated Agreement.
True or False: Being aggressive in negotiation always leads to better results.
False
What is a key element to prepare before entering a hard negotiation?
Know your goals and limits.
What does ‘win-win’ mean in negotiation?
Both parties achieve satisfactory outcomes.
Multiple Choice: Which of the following is NOT a tactic for hard bargaining? A) Compromise B) Anchoring C) Silence
A) Compromise
Short Answer: Name one psychological tactic that can be used in hard bargaining.
Framing.
What is the importance of body language in hard bargaining?
It conveys confidence and engagement.
Fill in the blank: Effective _____ can help clarify misunderstandings.
communication
What is the role of empathy in hard bargaining?
To build rapport and understanding.
True or False: You should avoid asking questions during hard bargaining.
False
What does ‘position’ refer to in negotiation terms?
The specific demands or requests made by a party.
What is a common mistake in hard bargaining?
Focusing solely on positions instead of interests.
Multiple Choice: What is the best way to handle objections during bargaining? A) Ignore them B) Acknowledge and address them C) Get defensive
B) Acknowledge and address them
What is the impact of patience in hard bargaining?
It allows for thoughtful responses and reduces tension.
Fill in the blank: Creating a _____ environment encourages collaboration.
trusting
What is the significance of setting clear expectations?
It helps prevent misunderstandings and conflicts.
True or False: Hard bargaining should only be competitive.
False
What is the importance of flexibility in negotiation?
It allows for adjustments based on new information.
Short Answer: What should you do if the negotiation gets heated?
Take a break to cool down.