Story
Let us make a deal
You have been invited to a TV game show - "Make a Deal”.
If you are lucky, you can win a car.
In this show, the host asks the participant to pick one option from a choice of three doors. Behind one door there is a car and behind the other two doors - either it is a sheep or nothing.
In the game show, after you have chosen a door out of three doors. The host opens a door out of the remaining two doors. To your luck, the host chosen door has nothing behind it.
How lucky! Now the host offers you to stick to your first chosen door or switch to the other unopened door. You need to decide.
Choose your option now. Will you stay with your initial option or switch to the unopened door, after the host opens another door with nothing behind it?
Share on
Similar Stories
Previous Ten
Which shares will you sell?
A couple of months back, you invested some money...
I lost the movie ticket
You have gone to watch a movie, in your...
Name your salary for a new job
In early 1930, Princeton University offered a...
Can a horse learn cognitive skills?
Clever Hans was a Russian breed horse, who could...
Negotiation is an important life skill
Negotiation is also a game, the more you play and practice, the better you get. Learn and prepare negotiation to reduce anxiety. Like any other skill, it can be mastered.
· Negotiation skills are learnable · You need to know the concept & principles · You need to apply the principles & practice the game · You should get feedback after each negotiation to improve
Last but not the least, seek negotiation and don’t avoid it. When you do buy or sell an asset or join a new job, negotiations are part of the whole process. Prepare for negotiations and don't avoid.
Negotiation is an information game, a conversational dance where we exchange offers...back and forth…offers and counteroffers to benefit mutually.
Sign In to share your comments
Your Comments