• 2022-06-08
    Why does the opening bid need to be “the highest”?
  • 1)The opening bid sets a limit beyond which we cannot desire. Once made, we cannot normally put in a higher bid at a later stage.2)Our first bid influences others in their valuation of our offer.3)A high bid gives scope for manoeuvre during the later bargaining phases.4)The opening bid has real influence on the final settlement level. The higher we set the more we shall achieve.

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