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Bargaining power
BARGAINING POWER

Definition: The amount of control that a person or group has when trying to reach an agreement with another group in a business or political situation.
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* All seven elements should be in.


1. Purposeful and necessary, but only if realized.

2. Full and complete - not held conditionally and/or possessed with some impediments, encumbrances, etc. on its application.

3. Lawful or legal. That is, no ruling or judgement can render power a nullity before its use comes to fruition. In other words, power will never be conceded, cannot be seized, wrestled from holder, or taken away by any superior authority.

4. Possessor or user will be in the right frame of mind and in his or her correct senses at the time of negotiations, bargaining, etc.

5. Amount will be the minimum necessary to be effective in the situation. That is, control had, will be hard to be relaxed, or what is under the holder's command, cannot be done without, by the other contending forces or powers.

6. Available or possessed for required period, for as long as the another party/other parties is/are interested in reaching an agreement with holder.

7. Should serve purpose(s) as exactly capable of. That is, power possessed would secure only what it should get.
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See perfect BARGAINING CHIP.




Quote: "It is always during a passing state of mind that we make lasting resolutions". - Marcel Proust.

Quote: "I know of nothing sublime which is not some modification of power". - Edmund Burke.

Quote: "Prosperity makes friends, adversity tries them". - Publilius Syrus.

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