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QUESTION 1 Imagine you are buying a used bicycle. If you are planning your concessions strategically and your first two offers are $400 and $450,

QUESTION 1

Imagine you are buying a used bicycle. If you are planning your concessions strategically and your first two offers are $400 and $450, what should your next offer be?

a. $400
b. $450
c. $480
d. $500
e. $550

25 points

QUESTION 2

The hiring manager says to you, an applicant: Even though the salary is not what you want, this is probably way more than you were making at Starbucks. This is an example of:

a. A data-based argument
b. Framing as gains
c. Planning concessions
d. Setting an anchor

25 points

QUESTION 3

The hiring manager says to you, an applicant: Before you say anything, I want to let you know that we do not negotiate salary for new employees. Now, what questions do you have? This is an example of:

a. A data-based argument
b. Framing as gains
c. Planning concessions
d. Setting an anchor

25 points

QUESTION 4

You are negotiating over where to have your next conference at work. The following arguments are given. Which is the most effective?

a. "Las Vegas is conference heaven! Last time I went there, it was amazing."
b. "We should really go to the beach. Everyone loves the beach."
c. "We should look at Denver. Their bid was 20% lower than comparable cities and it is equidistant for everyone to travel."
d. "Let's just stay here in Washington D.C. I hate traveling."

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