Negotiation and Pricing Strategies

Negotiation and Pricing Strategies

Assessment

Interactive Video

Fun, Business

5th - 8th Grade

Hard

Created by

Olivia Brooks

FREE Resource

The video features a person discussing their interest in buying and selling items, particularly in Vermont, New Hampshire, and Maine. They talk about the challenges of downsizing and the enjoyment of the buying process. The video includes negotiations over various items, such as bikes and a Suzuki clock, highlighting the importance of valuing items and finding buyers who appreciate them. The interactions are friendly and emphasize the fun and satisfaction of making deals.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What regions does the narrator enjoy buying and selling items in?

California and Nevada

Florida and Georgia

Vermont, New Hampshire, and Maine

Texas and Oklahoma

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial asking price for the bike?

$80

$100

$50

$125

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What price did Ken finally agree to sell the bike for?

$50

$80

$100

$125

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Ken value a small item at during the negotiation?

$15

$20

$10

$5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Ken's main goal when selling items?

To make a quick profit

To become famous

To sell to someone who values the item

To clear out his inventory

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the agreed price for the Suzuki clock?

$30

$20

$40

$10

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Ken initially want for the sign?

$50

$70

$85

$100

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