Develop and strengthen your BATNA and then create them for the hypotheticals found below.

To create a BANTA

1. List all alternatives to the current negotiation what could you do if negotiations fall through?
2. Evaluate the value of each alternative how much is each alternative worth to me?
3. Select the alternative that would provide the highest value to you (this is your best alternative to a negotiated agreement).
4. After determining your BATNA, calculate the lowest-valued deal that youre willing to accept.

Hypothetical for this assignment:

You have decided to sell your car and purchase a brand new one. You would prefer to trade in your car rather than sell it to a third party, but you may be open to that idea. Create a plan to get this done by establishing a BANTA. You may end up with 2 different ones - one for the sale of your old car and one for the purchase of a new one.