NEGOTIATION

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Last updated 1:54 AM on 8/26/26
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8 Terms

1
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interest

encompasses concerns, demands, desires and worries of negotiators.

2
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top line

represents the maximum interests of each side,

3
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bottom line

is the lowest point that each party is willing to accept in a negotiation

4
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position

is what they decide to require, while interest is the pri

5
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bargaining range

6
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acceptance zone

is the zone between the top line and the bottom line. this represents the range of possibilitíe that each party could accept in a negotiation. this represents the range of possibilitíe that each party could accept in a negotiation.

7
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ZOPA

the Acceptance zones of both side willl overlap and a zone calls zone of possible important (positive bargaining situation)

8
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GAP

(negative bargaining situation) the Acceptance zones of both side do not over lap => the GAP betqeen their bottom lines.