Class Activity

In addition to Wednesday's class I would like to talk about some different approaches I would have taken to purchase hardware components. I was the blue paper, so I was purchasing from GTechnica. The rep from GTechnica started out with an offer of $30 dollars. I knew I did not want to go that high so I counter offered $20 which was $1.00 less than what I was was orginally purchasing. Then we decided to meet in the middle and sell/buy for $25. The approach I should have taken was make my offer as low as I could go, that way if we met in the middle it would have been a lot less that $25. I should have offered $10 and if we met in the middle I would have gotten my initial offer of $20.