You are trying to buy a leather jacket from a street trader in a foreign country. You really like the jacket, which is a good fit, well made and stylish. But you think the trader is asking too much. Can you negotiate an acceptable price for both of you? You have a maximum of $80. You also have your credit cards. You also know that generally goods are half as costly in this country compared to your country. Decide what you want to pay and the tactics you will employ making concessions. A similar jacket in your country will cost about $130. Prepare for this negotiation by identifying 4 components of a negotiation strategy and use these 4 components and prepare your negotiation strategy
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