Definition of Bargaining power:
In negotiating, capacity of one party to dominate the other due to its influence, power, size, or status, or through a combination of different persuasion tactics.
How to use Bargaining power in a sentence?
- You should try to have the bargaining power in a negotiation so that the other party has to do what you command.
- Because of her premium standing with the company, she knew she had the Bargaining Power necessary to secure the deal.
- The bargaining power of the vice president of R&D was high as he had many tools of negotiation at his disposal.
Meaning of Bargaining power & Bargaining power Definition