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متابعة

In negotiation there is a concept called " Reservation Price". What does this concept stand for?

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تم إضافة السؤال من قبل Muwaffaq NoufaL , Business Executive Manager , CBU Indu. &trade Co
تاريخ النشر: 2017/03/31
Ibrahim Adawi
من قبل Ibrahim Adawi , Administrative Assistant , هيئة تطوير وتعمير المناطق الجبلية بجازان Mountain Development Authority in Jazan

Thank you for inviting me to answer your question.

Sorry I don't have answer.

 

Obaid ur Rehman
من قبل Obaid ur Rehman , HR Executive , Al Bahr Al Arabi Marine Engineering Services

I am sorry, I have not experience in this field. I would love to gain knowledge from experts.

 

Ashraf E. Mahmoud (PhD)
من قبل Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Agree with the answer of Mr. Gulraiz Malik

Md Fazlur Rahman
من قبل Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

From sellers point of view this is minimum acceptable price and from buyers point of view this maximum acceptable price.

Omar Saad Ibrahem Alhamadani
من قبل Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

I am sorry, I have not experience in this field.

Regards

Gulraiz Malik
من قبل Gulraiz Malik

The reservation price is the least favourable point at which one will accept a negotiated agreement

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Reservation (or reserve) price is a term referring to a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price at which a seller is willing to sell a good or service.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

It is the lower/mini price for the seller and highest/max price for the buying..

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