When is the best time to initiate a negotiation?

Question

Quizplus · Accepted Answer

The best time to initiate a negotiation is when you have the most power and your adversary is the weakest. This could be because of a recent success, a change in market conditions, or any other factor that gives you an advantage. It's important to strike while the iron is hot and leverage your strengths to achieve the best results. Timing is a critical component of negotiation, and choosing the right moment can make all the difference. Option A and B are not necessarily the best times as there may be other distractions or time constraints that may affect the negotiation process.

When Is the Best Time to Initiate a Negotiation