Course Solutions Uncategorized (Answered) : “I will make an offer of $4,000 for the bike.” Which of the following is this an example of? Best alternative to a negotiated

(Answered) : “I will make an offer of $4,000 for the bike.” Which of the following is this an example of? Best alternative to a negotiated

“I will make an offer of $4,000 for the bike.” Which of the following is this an example of?

Best alternative to a negotiated agreement

A specific limit objective

A target objective

An opening objective offer

Expert Answer


$4000 is the starting offer and is subject to negotiation by the potential for a final settlement value at which the bike may be purchased. Alternately the negotiation can fail and deal will not go through , if both th seller and prospective buyer fail to negotiate final settlement terms.

Thus the offer for $4000 should be treated as opening objective offer

ANSWER : AN OPENING OBJECTIVE

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