Story
The Coffee Mug
In an experiment, half of class is given a coffee mug and rest of class gets chocolate bars. The cost of mugs and chocolate is almost the same. The students like both the choices equally and are likely to choose either of these.
Every person chooses cup or chocolate as per their choice. After the experiment, students are offered the opportunity to switch from mug to chocolate and vice versa.
What percentage of students do think will switch or not switch and why?
Share on
Similar Stories
Previous Ten
Well known singer
In an experiment, you are asked to wear a...
The bronze artefact
You are on a vacation to a foreign country. You...
Salary negotiations
You have been selected in a well known...
Guess the height
Imagine two pieces of railroad track of one km in...
The Bank teller
Imagine yourself working as a bank teller.
A man...
A game of chess
You are invited for a game of chess. The problem...
Online subscription
A year back I purchased an annual subscription...
Word in the list
Read the list of words below.
Bed
Rest
Awake...
Annual animal exhibition
You visit an annual animal exhibition and come...
Fold a paper
Your youngest son challenges you to guess the...
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
Sign In to share your comments
Your Comments