If a Negotiator Must Give the First Opening Offer, or Choose

question 55

True/False

If a negotiator must give the first opening offer, or choose to do so for strategic reasons, then they should choose the offer that is closest to their resistance point.

---

Definitions:

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of an entity, often reflected on the cash flow statement.

Statement Of Cash Flows

A financial report that shows the cash inflows and outflows from operating, investing, and financing activities over a period.

Cash Flows

Refers to the net amount of cash and cash equivalents being transferred into and out of a business.

Operating Activities

Activities that relate directly to the business's primary operations, such as sales, purchasing, and payroll.