Josh and Sean have just started a negotiation to purchase a…

Josh and Sean have just started a negotiation to purchase a boat. Josh is the sales agent and Sean is the prospective buyer. As the negotiation begins, Sean tells Josh about what he’s looking for in a boat and the price range he is trying to stay in. Josh answers back and tells Sean about the different options he has available and also tells Sean that he’d be willing to show him some options that are JUST out of his price range so that he can get a better idea of how to compare prices. Which of the following terms best describes what happened in this negotiation up to this point?          

Sally, wanting to buy a Honda Civic for $17,900 or less, vis…

Sally, wanting to buy a Honda Civic for $17,900 or less, visits a dealership having done her research. She test drives the car, decides she wants it, and sits down with the sales person to negotiate price. The salesman, touting the uniqueness of the car, dealer-installed special weather stripping and neon-glo paint highlights, demands $23,500 for the car. This amount exceeds the MSRP (list price) by $500. Sally immediately rejects the demand and counters with $18, 800. After a 45 minute negotiation, the two parties shake hands and Sally agrees to buy the car for $21,800. The salespersons initial offer was……… (choose all possible answers)  

You are meeting your manager to discuss getting a raise. To…

You are meeting your manager to discuss getting a raise. To support the amount of the new salary that you will ask for, you show your manager the salary range for someone in your job, based on a salary survey conducted by a reputable human resources consulting firm. You explain that your job responsibilities match those of others whose salary falls in the top quarter of the range. This is an example of:

Brian wants to buy his brother a new iPad Mini for Christmas…

Brian wants to buy his brother a new iPad Mini for Christmas. However, the stock of that product in Apple stores is so low that he knows his chances of buying one at the mall are slim. Instead, he searches for it on EBay and begins the bidding process. The seller knows that Brian and others want the iPad Mini and don’t have many alternatives to the online marketplace. Because of this _______, the seller’s reserve price is very high, which leaves Brian with little choice but to pay too much.  

Mark was recently assigned a team project at work. He and th…

Mark was recently assigned a team project at work. He and three others were about to start the campaign project for his company when one of his teammates, Adam, decided to delegate the tasks. Adam gave Mark three difficult tasks, while the others were only given one easy task. Mark did not want to seem like he was complaining and he wanted to keep his boss happy so he accepted the work and put in twice as many hours as everyone else for the same amount of pay.  What bargaining style did Mark demonstrate?