Joan Petty,a human resource manager,offers Billy Self $2,750 per month as an inventory manager.She is willing to offer $750 more per month,but Billy does not have that information and walks away from the job offer.This is an example of a:
A)market at work.
B)bargaining success.
C)bargaining failure.
D)market in transition.

Question

Quizplus · Accepted Answer

This is an example of bargaining failure as Joan offered a higher salary but Billy did not have that information and walked away from the job offer.

Joan Petty,a Human Resource Manager,offers Billy Self $2,750 Per Month