Obviously it depends very much on what kind of bargaining
you are talking about whether it is a child bargaining with a parent for more ice cream
or a later bed time or a giant union bargaining with a corporation about salaries and
benefits.
But in some ways, they must all start with an
offer and a counter offer. Once two positions are established, either side can make
compromises in order to come closer to an agreement. Of course who makes the
compromises depends in large part on who is in the position with the most power at the
start of the negotiations.
Once the sides get close enough
together to strike a deal, an agreement or bargain is reached.
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