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Test The importance of the BATNA and the Farol

QUESTION 1: What does the acronym BATNA mean in the context of negotiation?

2nd QUESTION: What does knowing our BATNA allow us to do?

QUESTION 3: How does defining our BATNA before entering into a negotiation help us?

QUESTION 4: What is a "bluff" in a negotiation, according to the text?

QUESTION 5: What is the risk of bluffing if our BATNA is weak?

QUESTION 6: What is a more effective way to use BATNA, described as a "soft and honest bluff"?

QUESTION 7: What effect can honesty about our limits have on the other person?

QUESTION 8: What gives us the confidence to reject an offer that doesn't meet our expectations?

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