Asked by Malaisha Easter on May 07, 2024

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Why is it advantageous to make an extreme opening offer?

Extreme Opening Offer

An initial negotiation position that is highly ambitious or far from what is ultimately desired, used as a strategy to shift the bargaining range.

  • Analyze the negotiation approach and strategies implemented by experienced negotiators.
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Nathaniel ArndtMay 10, 2024
Final Answer :
Gives more room for movement in negotiation and therefore more time to learn the other party's priorities.May create the impression that there is a long way to go before a reasonable settlement will be achieved and more concessions than originally intended may have to be made to bridge the difference between the two opening positions.