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Negotiation Strategies and Pricing Insights

Negotiation Strategies and Pricing Insights

Assessment

Interactive Video

Business, Arts, Life Skills

5th - 8th Grade

Practice Problem

Hard

Created by

Aiden Montgomery

FREE Resource

The video tutorial covers exploring with flashlights, negotiating prices for various items, and discussing Coca-Cola collectibles. It highlights negotiation tactics and strategies, emphasizing the importance of balancing humor and seriousness to avoid shutting down a deal. The video concludes with an invitation to return.

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What item did the narrator mention having with them at the beginning?

A compass

A backpack

A flashlight

A map

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much was initially offered for the doctor scale?

$70

$90

$50

$30

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the agreed price for the cracked piece of pottery?

$10

$30

$40

$20

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is challenging to find when picking in the South?

Old Coca-Cola items

Rare coins

Vintage cars

Antique furniture

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the narrator's initial offer for the Coca-Cola item?

$100

$50

$60

$75

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key aspect of successful negotiation according to the narrator?

Avoiding eye contact

Balancing humor and firmness

Offering high prices

Being aggressive

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the risk of being too tough in negotiations?

Losing interest

The seller shutting down

Overpaying

Getting a bad deal

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