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MissTica
3 years ago
13

Explain the art of negotiating and an example to go with. :) ( A situation within very sophisticated work, mhm.)

Business
1 answer:
Lunna [17]3 years ago
5 0

Answer with Explanation:

The "art of negotiating" refers to negotiating while establishing relationships. This refers to providing a<em> win-win situation</em> between the negotiating partners.  Both the buyers and the sellers have<em> different strategies in negotiating</em>.

For example,<em> if you are the buyer</em>, you have to make sure that you know very well about the product or service that you are negotiating. If the seller senses that you don't know, it will be your weakness. Thus, preparation is a very crucial step.

On the other hand, <em>if you are the seller,</em> you also have to know whether the product you're selling is in<em> high demand or not</em>. If you are the<em> only source of that product, </em>then you have the<u> "bargaining power."</u> You can name your price. On the contrary, when the economy is depressed, the <em>supply is usually high</em> while the<em> demand is low,</em> so the <u>buyer has a bargaining power</u> in this situation.

Whatever the situation is, ensuring a win-win situation is needed in order to have a <em>good deal.</em> This is very important especially when you have to negotiate with the same person again and again.

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In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum
Art [367]
Exchanging things of value is what consideration is in a contract.
7 0
3 years ago
Polly sells goods to customers in exchange for a $10,000 noninterest-bearing note due in 3 years. The interest rate on this type
Irina-Kira [14]

Answer:

present value = $8396.19

Explanation:

given data

cash flow = $10,000

rate r = 6 %

time period t = 3 years

to find out

present value of the note  

 

solution

we get here present value that is expressed  as

present value =   \frac{cash\ flow}{(1+r)^t}     ....................1

put here value and we will get present value

present value = \frac{10000}{(1+0.06)^3}  

solve it we get

present value = $8396.19

7 0
3 years ago
A fixed asset with a cost of $30,271 and accumulated depreciation of $27,243.90 is sold for $5,146.07. what is the amount of the
pochemuha

The quantity of the advantage or loss on disposal of the fixed asset is $2,184.49 benefit

Solution:

Price of asset = $31,207 - $28,086.30 = $three,one hundred twenty.70

Advantage = $5,305.19 - $3,120.70 = $2,184.forty-nine

The advantage of the disposal of fixed assets is $2,184.49. because the cost of an asset after deducting amassed depreciation is $three, one hundred twenty.70 is less than the offered fee of the asset at $five,309.19 it's miles a benefit.

A fixed asset is an extended-time period tangible asset that a firm owns and makes use of to produce earnings and is not expected to use or sold within a yr. fixed property, also daily long-lived belongings or belongings, plants, and gadgets, are a term used in accounting for property and belongings that can't without difficulty be converted into everyday coins. constant belongings are special from present-day belongings, inclusive of cash or financial institution debts because the latter are liquid assets.

A fixed asset can consist of homes, day-to-day equipment, software program, fixtures, land, machinery, and motors. for example, if an employer sells produce, the delivery trucks it owns and uses are constant belongings. constant belongings are business enterprise-owned, long-term tangible assets, including styles of belongings or devices. these assets make up its operations daily and generate profits. Being a fixed method they cannot be consumed or converted into everyday coins within a year. As such, they're difficult everyday depreciation and are considered illiquid.

Learn more about fixed asset here: brainly.com/question/11209470

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5 0
2 years ago
Paul wishes to claim the Child Tax Credit by claiming his nephew, Jack, as a qualifying child dependent. Jack has an ITIN. Paul
Alekssandra [29.7K]

Answer:

Do the child's parents live with you? Why are the parents not claiming the dependent?

Explanation:

6 0
3 years ago
Which of the following statements concerning the cash budget is CORRECT? a. Depreciation expense is not explicitly included, but
Ostrovityanka [42]

Answer:

a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.

Explanation:

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It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash

Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds

But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax

7 0
3 years ago
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