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Bargaining Power

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Bargaining Power
The leverage available to a party in a negotiation that helps achieve the desired outcome. For example, in a negotiation between an employee and an employer, the employee has bargaining power because she has a skill the employer wants or needs and thus may have the ability to extract a higher salary. On the other hand, the employer has bargaining power because he has money to pay the employee, which the employee wants. See also: Collective Bargaining.


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Seoul, May 12 (BNA) North Korea said Wednesday it succeeded in producing a nuclear fusion reaction, a claim that appeared to be aimed at increasing its bargaining power before the communist state rejoins stalled six nation talks on its nuclear ambitions.
The increased operational scale of retailers is shifting the bargaining power from FMCG companies to retailers.
African leaders consider the new pact a way of giving Africa a larger voice on the world economic stage and strengthening its bargaining power for negotiating international trade deals.
 
 
 
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