Question: You will begin a negotiation exercise within your two-person teams. One person within your team will act as the Owner/Purchaser/Buyer; the other person will act

You will begin a negotiation exercise within your two-person teams. One person within your team will act as the Owner/Purchaser/Buyer; the other person will act as the Supplier/Provider/Seller. You are the Seller. Your objective is to secure the best value for your position.

SELLER







(Profits per 1,000 items sold)


(Profits per 1,000 items sold)


(Profits per 1,000 items sold)

T-Shirts


Coffee Cups


Sweatshirts

Price Option

Profits


Price Option

Profits


Price Option

Profits

A

$2,000


A

$1,200


A

$800

B

$1,750


B

$1,050


B

$700

C

$1,500


C

$900


C

$600

D

$1,250


D

$750


D

$500

E

$1,000


E

$600


E

$400

F

$750


F

$450


F

$300

G

$500


G

$300


G

$200

H

$250


H

$150


H

$100

I

$0


I

$0


I

$0


Step by Step Solution

3.44 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

As a supplier the objective is to comfy the fine cost to your rol... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!