Examlex
Advantages of the high-low method are that it is easy to understand and apply.
Bluffing
A strategic deception or misrepresentation intended to make others believe something is true when it is not.
Mutual Benefit
A situation or action that is advantageous to all parties involved.
Distributive Bargaining
A negotiation strategy focused on dividing a fixed amount of resources or benefits, where any gain by one party is at the expense of another.
Integrative Bargaining
A negotiation strategy where all parties collaborate to find a win-win solution that provides mutual benefit.
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