Which of the following statements is true regarding a first offer?
A) Your first offer should specify a range.
B) The first offer should specify the bargaining zone.
C) Your first offer should be your final offer.
D) The first offer generally acts as an anchor point.

Question

Quizplus · Accepted Answer

The first offer generally acts as an anchor point, influencing the bargaining positions of both parties. It can set expectations and establish a range for negotiations, but it is not necessary to specify the bargaining zone or make it your final offer.

Which of the Following Statements Is True Regarding a First