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.

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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

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