Story
Money Game
In this game, the player open briefcases. Each briefcase has an amount written from $ 1 to $ 5 mn.
Opened box amount is removed from the game and based on remaining boxes, host offers you an option to cash out or continue to play.
The game comprises of max 9 rounds. In first round 6 boxes will be opened and thereafter 5,4,3,2,1..
At stage six, following boxes are remaining with amounts $1, $10, $20, $10,000 and $500K. The host offers you to accept $80000 or continue to play.
What will you do?
Photo Adaptation https://pixabay.com/users/mohamed_hassan-5229782/
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Negotiation is an important life skill
We negotiate most of our waking hours. We negotiate with our team members, colleagues, bosses and vendors at work, with our kids, spouse and parents at home. We negotiate during buying or selling of an asset e.g. house, car and also conflict resolution and during salary negotiations. Negotiation is an important life skill and it contributes to our success.
If we do not negotiate well or don’t negotiate at all then there is a big chance that we are going to leave money on the table, which could have been ours. We often don’t negotiate because we feel it is inappropriate or feel uncomfortable and fear it.
“You don't get what you deserve. You get what you negotiate.” Chester Karrass
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