Asked by Belinda Anderson on Sep 27, 2024

In negotiation, the area between two BATNAs is referred to as a(n)

A) no deal.
B) agreement.
C) bargaining zone.
D) deal.
E) negotiation gap.

BATNAs

An acronym for "Best Alternative to a Negotiated Agreement," indicating the course of action that a party will take if current negotiations fail.

Bargaining Zone

The range within which an agreement is reachable during negotiations, bounded by the minimum and maximum limits of both parties.

Agreement

A mutual understanding or arrangement between two or more parties, often formalized in a contract or verbal commitment.

  • Become familiar with the notion of striving for win-win situations in negotiations and the practice of Added Value Negotiating (AVN).