1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verizon [17]
3 years ago
11

George is selling his house. he received an offer from katie for $200,000 but decided to counter-offer for $210,000. what does t

hat do to the original offer?
Business
2 answers:
Svetlanka [38]3 years ago
8 0
It replaces that offer.  Please mark Brainliest!!!
zepelin [54]3 years ago
8 0

The relationship between the original offer and the proposed offer is usually called integrative bargaining.

<h2>Further explanation </h2>

Negotiation is a process when several parties exchange goods and services and have the goal to agree on the exchange rate

Bargaining Strategy - Bid

There are two types of negotiation approaches namely distributive bargaining and integrative bargaining.

1. Distributive Bargaining

The most obvious characteristic is that this strategy runs under zero-sum. That means, whatever gains I get are at your expense, and vice versa. So the nature of distributive bargaining is negotiating who gets what part of a cake of the same size and fixed (fixed pie). By that cake, what we mean is that each party who bargains believes that there are only several goods or services to share. Therefore, a cake is a zero-sum game in the sense that every dollar in one party's pocket is one dollar out of their bargaining opponent's pocket. When the parties believe the cake is fixed, there is a tendency for distributive bids. An example that can be taken is labor-management negotiations regarding wages.

2. Integrative Bargaining

In contrast to distributive bargaining, integrative bargaining is carried out on the assumption that there is one solution or more, which can create a "win-win solution" or mutual benefit.

In an intra-organizational environment, integrative bargaining is preferred over distributive negotiation. This happens because integrative negotiations maintain long-term relationships. Integrative bargaining binds negotiators together while allowing them to leave the negotiating table with a feeling of victory. Distributive bargaining tends to build hatred and deepen divisions when people have to work together again in the future.

Integrative bargaining is rarely seen in an organization because it lies in the conditions needed for such negotiations to take place. These conditions include:

  •  The parties are open to information
  •  Honest with their interests
  •  The sensitivity of both parties to the needs of other parties
  •  The ability to trust each other,
  •  The willingness of both parties to maintain flexibility

Learn more

Negotiate brainly.com/question/9312091, brainly.com/question/902450

Details

Class: High School

Subject: Business

Keyword: type of negotiation.

You might be interested in
On January 1, 2009, a U.S. firm made an investment in Germany that will generate $5 million annually in depreciation, converted
Afina-wow [57]

Answer:

The expected real value (in terms of January 1, 2009, dollars) of the depreciation charge in year 2013 will be $1,958,815.416.

Explanation:

It is expected that the value of the dollar in the German market will fall at the same rate as that of the real market value of the dollar when we envisage the exchange rate will remain the same. Thus the depreciation of the tax write-off in terms of its real value in dollars will fall at 5% every year from 2009 to 2013.

Therefore, at a tax rate of 50% in Germany, a $2.5 million charge on depreciation on the investment of $5 million will result in 2013.

To calculate the real value of the dollar at an inflation of 5% yearly in 2013

When the tax rate in German is 50%, then charges of depreciation of $5 million will equal4$2.5 million in 2013 dollars. When the dollar's real value of this write-off is declining due to the inflation at 5% annually, the real value in 2013 will be calculated as:

Given: $2,500,000 (P/F , 5%, 5years) ;  0.78356 (factor for calculating the amount to be recieved after  5years)

= $2,500,000 * 0.78356

= $1,958,815.416

8 0
3 years ago
Which of the following is a correct description of the crowding-out effect of deficit spending?
borishaifa [10]

Answer:

the options are missing, so I looked for them:

a. The buying of government bonds leads to lower interest rates, thereby reducing private investment.

b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.

c. The selling of government bonds leads to lower interest rates, thereby reducing private investment.

d. The buying of government bonds leads to higher interest rates, thereby reducing private investment.

the answer is:

b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.

Explanation:

The crowding out effect happens when the government increases its spending level in order to engage in an expansionary fiscal policy but someone needs to pay for this extra spending. In order for the government to finance their spending, they have to choose to either increase taxes or issue more debt. When they issue more debt, they end up decreasing private investment since money that could be used by private companies is used by the government instead.  

5 0
3 years ago
A toy company creates a new toy that suddenly become very popular. The toys in the stores sell out immediately, and the factorie
shtirl [24]
Your answer would be B. The price will go up because supply is low.
3 0
3 years ago
Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potent
Triss [41]

Answer:

Overhead assigned to product  labour hours

Product A =  $36.5  per hour ×  76%×  1900= 52,706.0  

Product B =  $36.5  per hour ×  24%×  1900= 16,644.0

Overhead assigned to product using machine hours

Product A =  $1.54 × 17,700= $27,258

Product B =  $1.54   × 27,300 =$42,042

Explanation:

Under the traditional absorption costing system, overhead is assigned to units produced using the direct labour hours or machine hours basis.

Overhead absorption rate = Budgeted overhead for the period/Budgeted labour hours

OAR = $69,300 /1,900 hours  

= $36.5  per hour

Overhead assigned to product

Product A =  $36.5  per hour ×  76%×  1900= 52,706.0  

Product B =  $36.5  per hour ×  24%×  1900= 16,644.0

Overhead absorption rate = Budgeted overhead for the period/Budgeted machine hours

OAR = $69,300 /45,000 hours= $1.54 per hour

Overhead assigned to product

Product A =  $1.54 × 17,700= $27,258

Product B =  $1.54   × 27,300 =$42,042

4 0
3 years ago
During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f
malfutka [58]

Answer:

Explanation:

journal entries in the books of AXE

jan 6   purchased goods from Green worth $1200 term 2/10 , n/30

                                      Inventory a/c $1200

                               Accounts Payable - green $1200

jan 6    purchased goods from munoz worth $900

                                                          inventory a/c$900

                                         Accounts Payable - munoz $900

jan 14   Payment being made to green. Since payment is made within 8 days so discount will be recieved by Axe( note term 2/10 means if payment is made within 10 days axe will recieve discount @2%)

                                       Accounts payable - green $1200

                                                                         Cash                  $1,176

                                                         discount recieved              $    24

( being discount recieved [email protected]% = $24)

Feb 2 payment made to munoz , since it is paid after 10 days no discount will be recieved

                          Accounts payable- munoz $900

                                                      Cash                $900

feb 28                  purchased goods worth $350 from reynold

                                                   Inventory $350

                                                          Accounts payable - reynold $350

5 0
3 years ago
Other questions:
  • The following account balances were drawn from the financial statements of Grayson Company: Cash $ 5,000 Accounts payable $ 1,55
    11·1 answer
  • Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50
    12·1 answer
  • Malic entered the words "teen music" in a search engine. He found a new site for downloading music. However, Malic notices that
    13·1 answer
  • Many fast-food restaurants compete on lean business concepts. Match each of the following activities at a fast-food restaurant w
    5·1 answer
  • Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amo
    5·1 answer
  • Lipstik, Inc. makes cosmetics. Lipstik intentionally mislabels its packaged products to conceal a defect. Trusting and relying o
    8·1 answer
  • Upon graduation from​ college, Warren Roberge was able to defer payment on his ​$33 comma 000 student loan for 9 months. Since t
    15·2 answers
  • Carla Vista Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500,0
    11·1 answer
  • Reliability is how long an item or system will perform its function before it breaks. Good reliability will ____________________
    13·1 answer
  • James is an efficient sales professional. However, in the past few months, he hasn’t been performing to the best of his ability
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!