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Teleological Theory Deals with the Methods and Intentions Involved with a Particular

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Teleological theory deals with the methods and intentions involved with a particular behaviour.

Identify different negotiation strategies and their impacts, including win-lose and win-win approaches.
Understand the value of setting priorities and the role of tangible and intangible issues in negotiations.
Recognize the importance of comprehensive package evaluation over individual issue assessment.
Differentiate between strategy and tactics in negotiation.

Definitions:

Raising Prices

The act of increasing the cost at which goods or services are sold to consumers or other businesses.

Strategies

Plans of action designed to achieve a long-term or overall aim.

Reference Price

The price point, set by a seller or recognized by a buyer, which serves as a standard for comparison when evaluating potential purchases.

Sales Force

A group of employees working together to sell a company's products or services.

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