How can the tit-for-tat strategy demonstrate the toughness of a negotiator?

What will be an ideal response?

The strategy of tit-for-tat demonstrates the toughness of a negotiator because a strategy of solid cooperation would
be easily exploitable by an opponent. Tit-for-tat can be provoked: It will defect if the opponent invites competition.
However, the strategy's response to aggression is never greater than what it received. By reciprocating defection,
tit-for-tat conveys the message that it cannot be taken advantage of and effectively moves competitive players
away, thus minimizing non-cooperative interaction.

Business

You might also like to view...

Defined as a loss in value from any cause, depreciation is generally divided into three categories. The loss of value due to the normal wear and tear on a property is called

A. physical deterioration B. external obsolescence C. functional obsolescence D. economic deterioration

Business

Search engine optimization (SEO) describes activities designed to improve the likelihood that a link for a brand is as high as possible in the rank order of all nonpaid links when consumers search for relevant terms

Indicate whether the statement is true or false

Business