Understanding Dickering: The Art of Negotiation

The video tutorial introduces the concept of dickering, a regional term for negotiating deals through buying, selling, swapping, and trading. It provides examples of how people engage in dickering to get the best value for their items. The tutorial also offers strategies for effective dickering, such as having a plan, not naming a price first, and being willing to walk away. Finally, it discusses how to finalize deals and reach agreements.

What is the primary goal of dickering?

• To learn new skills

• To make friends

• To get the best deal possible

• To spend time leisurely

Which of the following is NOT a part of dickering?

• Trading

• Buying

• Selling

• Cooking

In the context of dickering, what does 'wheel and deal' mean?

• To play a game

• To negotiate and make deals

• To fix a wheel

• To drive a car

What is a common strategy in dickering?

• Always agree to the first offer

• Avoid making eye contact

• Always name your price first

• Never name your price first

Why is it important to have a strategy in dickering?

• To confuse the other person

• To avoid making a deal

• To make the process longer

• To ensure you get the best deal

What should you do if you can't make a deal?

• Get angry

• Agree to any terms

• Walk away

• Offer more money

What is the significance of 'never be the first one to name a price' in dickering?

• It shows confidence

• It speeds up the process

• It gives you an advantage

• It makes you look indecisive

What is the feeling associated with making a successful deal in dickering?

• Indifference

• Confusion

• Satisfaction

• Regret

What is a key element of negotiation in dickering?

• Offering gifts

• Ignoring the other party

• Having a clear strategy

• Being aggressive

What is the lifestyle aspect of dickering?

• It is a hobby

• It is a way of life

• It is a seasonal event

• It is a temporary activity