Negotiation Strategies and Item Valuation

Negotiation Strategies and Item Valuation

Assessment

Interactive Video

Business, Arts, Design

6th - 10th Grade

Hard

Created by

Olivia Brooks

FREE Resource

The video features a conversation about evaluating and negotiating the price of antique lamps, columns, and signs. The participants discuss the difference between antiques and old items, using humor and negotiation tactics to reach a final deal. The conversation highlights the challenges of determining the value of items and the importance of negotiation skills.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial asking price for each lamp?

One hundred bucks

Three hundred bucks

Fifty bucks

A couple hundred bucks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern about the lamps?

They are too new

They have cracks

They are too expensive

They are not functional

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Bentley's challenge in identifying items?

Setting the right price

Finding the right buyer

Identifying the material

Distinguishing between antique and just old

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is suggested when a negotiation stalls?

Change the subject

Increase the price

Walk away

Lower the price

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the perceived value of the columns?

One hundred bucks each

Twenty-five bucks each

Fifty bucks each

Seventy-five bucks each

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the issue with the signs?

They are too old

They are not original

They have vinyl stickers

They are too expensive

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the humorous element mentioned during the negotiation?

The seller's jokes

The buyer's attire

The condition of the items

The negotiation tactics

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?