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Concessions & Trade-offs

This deck focuses on the strategic use of concessions in negotiation. Learners discover how to make concessions that move the negotiation forward without weakening their position. The cards explain how negotiators exchange value, structure trade-offs, and protect their interests while progressing toward agreement.

Language
English
Theme
Negotiation & Influence
Category
Soft Skills & Communication

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Sample flashcards from this deck

Card 1

In negotiation, what is a concession in practical terms?

A deliberate reduction of your position to move closer to agreement.

Explanation

A concession is a purposeful move where you give up something to progress the deal, not a random giveaway.

Common mistake

Thinking any change in position is a concession, even when it is accidental or unplanned.

Card 2

What is a trade-off between issues in a negotiation?

Giving ground on one issue in exchange for gain on another.

Explanation

A trade-off links movement on one issue to improvement on another, preserving overall value.

Common mistake

Assuming a trade-off means both sides must lose the same amount on every issue.

Card 3

What mindset turns a concession from a loss into a value exchange?

Viewing each concession as something traded for a concrete benefit.

Explanation

When you demand something in return, concessions become investments that return value, not pure losses.

Common mistake

Treating concessions as gifts to please the other side instead of as exchanges of value.

Card 4

How does your reservation point guide your concession limits?

It marks the worst acceptable deal, beyond which you stop conceding.

Explanation

Knowing your reservation point prevents you from conceding into a deal worse than your minimum acceptable outcome.

Common mistake

Confusing the reservation point with the opening offer and revealing it too early.

Card 5

How does your BATNA limit how far you should concede?

You should not accept terms worse than your best alternative.

Explanation

Your BATNA defines a clear floor: any deal worse than that is rationally unacceptable.

Common mistake

Ignoring a strong BATNA and over-conceding because of pressure to close the deal quickly.

Card 6

Before conceding, what should you clarify about the issues on the table?

Which issues are high priority and which are low priority for you.

Explanation

Clear priorities help you protect what matters most and concede on less critical points.

Common mistake

Treating all issues as equally important and conceding on key priorities by accident.

Card 7

What is the main purpose of a pre-defined concession plan?

To decide in advance what you can give and what you must protect.

Explanation

A concession plan prevents emotional, reactive giveaways by setting clear boundaries and options up front.

Common mistake

Entering negotiations with only a target price and no structured plan for concessions.

Card 8

What characterizes a low-cost, high-value concession?

It is cheap for you to give but important to the other side.

Explanation

Such concessions boost perceived value for them while preserving your key resources and priorities.

Common mistake

Assuming valuable concessions for the other side must also be costly for you.

Card 9

How should you typically sequence concessions during a negotiation?

Start with smaller moves and reserve larger ones for later stages.

Explanation

Gradual concession patterns maintain leverage and allow you to trade bigger moves for meaningful returns.

Common mistake

Offering a big concession early and then having nothing meaningful left to trade.

Card 10

What should every concession be explicitly linked to in your plan?

A specific negotiation objective you are trying to advance.

Explanation

Connecting concessions to objectives keeps them purposeful and prevents drifting away from your goals.

Common mistake

Conceding simply to maintain a friendly tone, without advancing concrete interests.

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