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Negotiation and Decision-Making Scenarios

Negotiation and Decision-Making Scenarios

Assessment

Interactive Video

Business, Life Skills, Fun

9th - 12th Grade

Practice Problem

Hard

Created by

Ethan Morris

FREE Resource

In South Dakota, Mike attempts to close a deal on a Henderson cycle car. Negotiations involve a coin flip to decide the outcome, with Mike winning the car and a Lloyd van. Despite losing $500, Mike reflects positively on the deal. The day concludes with a museum visit, emphasizing the joy of doing what one loves.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Mike trying to negotiate in South Dakota?

A house

A Henderson cycle car

A painting

A piece of land

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional item was proposed to be included in the deal?

A trailer

A Lloyd van

A motorcycle

A bicycle

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How was the final decision on the deal made?

By drawing lots

Through a coin flip

By a third-party mediator

By a bidding process

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final agreed price for the deal?

$13,500

$12,000

$13,000

$12,500

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Mike feel about the outcome of the deal?

Angry

Positive

Indifferent

Disappointed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What activity did Mike engage in after the deal?

Went to a concert

Visited a museum

Visited a park

Attended a workshop

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Mike purchase during his museum visit?

A souvenir

Advertising space

A book

A painting

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